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Bankruptcy

: The Debt Podcast

Debts Are Not Inherited - Don?t Go Bankrupt Trying to Pay Other People?s Debts

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If a relative dies owing money at the time of death, the debts are not inherited.  According to North Carolina laws, and likely other states, those debts might have to be paid from property owned by the person who died, but if the deceased didn’t own property then the debts may have died with the [...]

Full post as published by The Debt Podcast on August 31, 2009 (boomark / email).

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