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Debt question

luke123456
luke123456 Posts: 348 Forumite
Part of the Furniture 100 Posts Combo Breaker
Hi

I have wondered if someone is in debt from loans and credit cards but then passes away and never got all that insurance repayments cover....who pays the money?

cheers

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    a dead persons debts are settled by the executor from the person estate.
    if there is no estate then the debt die
    if any debt are joint the the other person is responsible for settling the debts
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