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**Arrocousa** · 02-28-2012, 10:12 AM

If your parents die with debt, are you as their child obligated to pay it off?

Not including say the car or house, but things like credit cards, store cards, health bills, and other miscellaneous debts?

No and Yes. If they had no assets and leave nothing to you then you will owe nothing. However, if they left you real estate, money, etc but have debt, creditors will get those assets if you refuse to pay the debt, or can with legal action.

02-28-2012, 10:12 AM	#3
Arrocousa Join Date Oct 2005 Posts 530 Senior Member	If your parents die with debt, are you as their child obligated to pay it off? Not including say the car or house, but things like credit cards, store cards, health bills, and other miscellaneous debts? No and Yes. If they had no assets and leave nothing to you then you will owe nothing. However, if they left you real estate, money, etc but have debt, creditors will get those assets if you refuse to pay the debt, or can with legal action.
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