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View Full Version : Proposal payments-in case of death-would my children be responsible to creditors


mtee
Mar 6, 2007, 11:26 AM
If a proposal was accepted and regular payments were made to creditors, but a balance was remaining on the death of the debtor. Can the family members (adult children) be made responsible for that parents debt? Is the debt automatically discharged?

mtee

Lowtax4eva
Mar 6, 2007, 11:32 AM
I think it depends on if you were involved, like if he had credit cards and there was a card in your name then yes, the debt is yours, take a look at this link, in most cases the debt does not get passed on to the family

Can You Inherit a Debt? - Associated Content (http://www.associatedcontent.com/article/85870/can_you_inherit_a_debt.html)