 Barbie and Ken? |
what happened with barbie and Ken? I think I missed something!!!
Additional Details
They weren't married, not brother and sister.. don't care that they were both made by mattel.... |
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 Abortion=murder? |
who here believes that abortion is murder? if not, why not?
i believe that no matter if it's rape, the child deserves to have a chance to live. i know it sounds callous, but i'd rather ... |
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 Average AGE? on here? |
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| ... |
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 Should I call the Better Business bureau on AT&T? |
| I paid what I thought was my "final bill" for my phone and internet service on December 14th, then recieved another "final bill" in the mail shortly after. The new bill has a due ... |
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 Prom Dresses I want to sell....Advice please?? |
| Hi, I have a lot of prom dresses- all costing at least 300 or more orig, and I LOVE them but my husband and I are trying to clear some things out. They are only about 2 or 3 years old, so they are in ... |
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 How can you make money using PTC and online surveys if you only get paid a few cents per item? |
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teaboy-bob | Someone told me once that when you die that your debt,s die with you. is this true? |
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euchre_king_03
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This will answer all of your questions:
http://www.direct.gov.uk/en/MoneyTaxAndBenefits/ManagingDebt/DebtsAndArrears/DG_10013093 |
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Ellie
 |
It depends if you have much to leave - say if you had a house to sell- that debts are settled out of that- however if you are as poor as a church mouse- debts die with you. My nan left one or two bills - she left nothing to pay with and left no money/house etc- the bills were written off. |
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Cheryl J
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I believe that they only die with you if you have no traceable relatives/ children/ spouses etc.
Otherwise i am fairly certain that they will just get passed down to the 'next in line' as it were.
That is why many people have life insurances etc as these payouts help towards clearing any debts/ mortgages etc in the event of their death.
Then again if you are dying who cares, you wont have to live with the debts after your dead!!! |
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KitKat
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No...when you die, your debts just transfer to your next of kin. The money is still owed and still needs to be paid. |
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ed
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Not if you leave an estate.
And the IRS is first in line. |
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Steven
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UK: Not quite. Any debts will be settled out of your estate before it is handed over to the executor for disbursement. If the estate is not enough to cover debts most companies will write off the debt out of goodwill but they are not obliged to and make take further recovery action. |
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helmut UK
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HA!!!! tell that to the tax man,,lol
hey dolphyns2000 sorry to hear about ur illness, my friend was paralegal and had a hell of a time trying to get about in crowds ;) |
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emiss
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Not only debts she owed whilst alive, but can accumulate debts after death, for instance the house she owned will continue to gather council tax from her estate if it has not been left to anyone, and do so till it is deeded to someone else |
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pepzi_bandit
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think so, but its a bit drastic, dont you think |
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Shoeless Joe
 |
NO. They get passed along to your heirs. Any debts must be cleared up before disbursements are made. Although, they will not have to assume your debt if their isn't enough money in your estate. In that situation they just get nothing. |
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Beth
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No, most debt has to be paid by your family. |
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Judy1
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Not true. If you have any assets, the debts can be collected from them.
If you die without any assets, then probably true. |
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old know all
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Your debts form part of your estate. If there is enough money, your executors have to pay the debts before they can distribute the rest. If there isn't enough money, the debts become unenforceable. |
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DebtFree
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no if you die and have assets, the estate must pay off the debt. say you die with money in the bank, a car, a house.... that stuff can be sold to pay the debt off. someone told you wrong. |
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Ashley V
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Absolutely not, my aunt just died and my family is now responsible for paying all bills that she owed. Just an exaple she had a credit card with a very high limit and while ahe was sick it racked up interest charges, the company took those off but we are still responsible for anything that she actually charged. |
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formersalt
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No. Everything you own constitutes your 'estate'. Debtors can file claims against your estate through the probate courts. |
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Miss Terry
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would you pay if your son/daughter died in a car crash and their mortgage company came after you for the money or their car loan |
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dizzymax
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I hope so, mine are £16000!!! |
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jambo310
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In Ireland thats true you can be a billionaire owning a mere 1 mil and still the government cant take a penny |
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