When you die does your debt just go away?
>>509468956 (OP)
In both Canada and the USA, debts don't simply disappear when someone dies. Instead, they become the responsibility of the deceased's estate, which must settle these debts before any assets are distributed to beneficiaries. If the estate's assets are insufficient to cover all debts, some debts, particularly unsecured ones, may go unpaid.
In both Canada and the USA, debts don't simply disappear when someone dies. Instead, they become the responsibility of the deceased's estate, which must settle these debts before any assets are distributed to beneficiaries. If the estate's assets are insufficient to cover all debts, some debts, particularly unsecured ones, may go unpaid.
