News & Analysis as of

Debt Deceased

Chambliss, Bahner & Stophel, P.C.

What Happens to Your Debts When You Die?

When you die, your debts do not expire with you. Most debt still needs to be paid off, if possible. However, who is responsible for paying the debt depends on the type of debt, and some assets are protected from being used...more

Chambliss, Bahner & Stophel, P.C.

How Do an Estate's Debts Get Paid?

An executor is the person responsible for managing the administration of a deceased person's estate. One of the executor's main jobs is to pay people or institutions to whom the estate owes money -- the estate's creditors....more

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