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 Does the debt die with you ?
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Anna.v
Starting Member



1 Posts

Posted - 08 November 2011 :  05:43:20  Show Profile  Visit Anna.v's Homepage  Reply with Quote
What happens if you are solvent to pay your creditors but are unable to make payments because of ill health and your income is sequestrated shortly before your death and you die, but your assets left in your estate surpase the amount of the debt? Can they declare you bankrupt? i.e., does the debt die with you?

Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 08 November 2011 :  07:04:55  Show Profile  Reply with Quote
Hi Anna,

Any debt would be settled from the estate of the deceased.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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