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Showing 1 post tagged Consumer Financial Protection Bureau.
'Til Death Do Them Part: Creditor Rights
Posted In Business Formation and Planning
Settling the affairs of a deceased love one is never easy. When the decedent has outstanding debts to credit card companies, mortgage lenders, or other institutions, the process is further complicated. Generally, no one else is legally obligated to repay the debt of a person who has died, but there are exceptions to this rule. For instance, a co-signor on a loan may be liable for the debt under certain circumstances. More >