How do you determine the extent of a deceased person's debts? How do you find out who the deceased person's creditors are?

What are the rules of inheritance? In Georgia, if you die without a will, any assets leftover after your debts are paid off will go to your living relatives. Oct 13, 2013 ... What for example, happens to student loan debt if a person dies? I'm aware that student loan debt can't be discharged in bankruptcy, but can it ... Oct 10, 2024 ... When a person passes, and has a will, an individual is named to act as Executor, responsible for settling the affairs of the deceased person's estate. You can pay what you can from the estate, and creditors will have to write off additional debts. Let Our Team Help You Pay Your Loved One's Debts and Settle ... May 24, 2023 ... “Generally, your estate will become responsible for paying any debts when you die,” said Morgan Kilgore, assistant vice president and private ... Jul 30, 2023 ... What happens if you leave debts when you die ... After you die, there is a six-month period during which creditors (people you owe money to) can ... Imagine discovering that your recently deceased parents left behind a mountain of unpaid debts instead of an inheritance. It's a nightmare scenario that's ... Jul 7, 2020 ... After death, your debts become debts of your estate. The executor must pay all creditors who file a claim, even if that means selling assets ... Your debts are first settled by your estate, which will use assets to pay off what you owe. But what happens to your debt when you die if you have no estate? Jul 5, 2024 ... Payment: Debts are typically paid from the deceased's estate. An “executor” is appointed by you in your will (or by someone else, if necessary) ...