What Happens to Your Debt When You Die? A Guide by Debt Type

What Happens to Debt After You Die?

Reading Time: 4 minutesWhen you die, your debt does not disappear — but it does not automatically transfer to your family, either. What happens depends on the type of debt, whether anyone co-signed, and the state you lived in. In most cases, your estate (the assets you leave behind) is responsible for paying your debts. Once the estate […]