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**MarythePuppy6** · 02-28-2012, 12:39 PM

Thank you and Gnius. Basically the answer that I was seeking.

To expand on it a little bit lets say this.

Parents do leave assets, but also leave debt. Lets say that the debt outstrips the assets. Im sure this will be a yes no answer? but once all the assets are gone, do the kids foot the bill even if they don't want anything, (house, car, etc)

and

Parents leave $50k in the bank and a house with X amount of mortgage with no other debts. Can you just bounce with the $50k and let the bank take the house back or would the bank get the $50k, plus the house if you don't want to finish paying the mortgage off?
Im sure this might too be a yes no answer depending on where one lives I guess.

Pay off mortgage with cash, if you would still have cash left over or at least break even.... Sell house!

-PROFIT!

That being said, I find it very distasteful when companys try to collect burial and medical bills from family memebers. I tell my family just bury me in the backyard with Blacky. I am just waiting for the day to have to tell one of those ****ers where to stick it.

No one should have to pay to be born or die. Neither are anyone's decision.

02-28-2012, 12:39 PM	#10
MarythePuppy6 Join Date Oct 2005 Posts 550 Senior Member	Thank you and Gnius. Basically the answer that I was seeking. To expand on it a little bit lets say this. Parents do leave assets, but also leave debt. Lets say that the debt outstrips the assets. Im sure this will be a yes no answer? but once all the assets are gone, do the kids foot the bill even if they don't want anything, (house, car, etc) and Parents leave $50k in the bank and a house with X amount of mortgage with no other debts. Can you just bounce with the $50k and let the bank take the house back or would the bank get the $50k, plus the house if you don't want to finish paying the mortgage off? Im sure this might too be a yes no answer depending on where one lives I guess. Pay off mortgage with cash, if you would still have cash left over or at least break even.... Sell house! -PROFIT! That being said, I find it very distasteful when companys try to collect burial and medical bills from family memebers. I tell my family just bury me in the backyard with Blacky. I am just waiting for the day to have to tell one of those ****ers where to stick it. No one should have to pay to be born or die. Neither are anyone's decision.
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