What happens to the debt if the debtor dies

Updated on society 2024-03-14
6 answers
  1. Anonymous users2024-02-06

    When the debtor dies, it depends on whether he has an inheritance. As long as the debtor's estate is sufficient to repay the debt, the debt can still be returned.

    Article 1161 of the Civil Code [Principles for Repayment of Taxes and Debts of the Decedent] The heirs shall pay off the taxes and debts that the decedent shall pay in accordance with the law to the extent of the actual value of the inheritance obtained. The part exceeding the actual value of the estate shall not be subject to voluntary repayment by the heirs.

    If the heir renounces the inheritance, he or she shall not be liable for the taxes and debts that the decedent shall pay in accordance with the law.

    Therefore, even if the debtor dies, the debt can still be recovered as long as his estate is sufficient to repay it.

  2. Anonymous users2024-02-05

    If the debtor dies, then his personal property can be used as a debt, and if someone inherits his estate, the heir is obliged to repay the debt.

  3. Anonymous users2024-02-04

    Then let's see if there's a legacy? If there is an inheritance. Then the person who inherits the inheritance has to pay off the debt.

    If there is no inheritance. Then the debt will be yellow. Or that there is no one to inherit his legacy.

    That is, his legacy is relatively small. Then this debt will be yellow. I'll be done with his remaining ten dollars to you.

  4. Anonymous users2024-02-03

    The prosecution period, also known as the statute of limitations for prosecution in the Criminal Law, refers to the effective period for pursuing criminal responsibility of criminals in accordance with the provisions of the Criminal Law. Where criminals' criminal conduct has already exceeded the statute of limitations for prosecution provided for in the Criminal Law, their criminal responsibility is no longer to be pursued; If criminal responsibility has been pursued, the case should be dismissed.

  5. Anonymous users2024-02-02

    According to the laws of China, after the death of the borrower, the property in his name shall be inherited by the heirs, and the heirs shall repay the outstanding debts of the borrower during his lifetime within the scope of the inherited property.

    Legal basis: Article 1159 of the Civil Code of the People's Republic of China.

    The division of the estate shall pay off the taxes and debts that the decedent shall pay in accordance with the law; However, the necessary inheritance should be reserved for the heirs who lack the ability to work and do not have a livelihood.

    116 penitential socks 111.

    The heirs shall pay off the taxes and debts that the decedent shall pay in accordance with the law within the actual value of the inheritance. The part exceeding the actual value of the estate shall not be subject to voluntary repayment by the heirs.

    If the heir renounces the inheritance, he or she may not be liable for the taxes and debts that the decedent should pay in accordance with the law.

    Article 1163.

    If there is both statutory inheritance and testamentary inheritance or bequest, the heirs of the decedent shall pay off the taxes and debts that the decedent shall pay in accordance with the law; The part exceeding the actual value of the statutory inheritance shall be repaid by the testamentary heirs and legatees in proportion to the inheritance.

  6. Anonymous users2024-02-01

    Summary. Hello dear! In the event of the death of the debtor, the debt shall be borne by the following persons:

    1. If the debtor dies, the heirs of the estate shall repay the debts of the decedent to the extent of the inheritance inherited; 2. If there is no inheritance, if the debtor is the debtor, the guarantor shall bear the guarantee liability; 3. If the debt is a joint debt of the husband and wife, the debtor's spouse shall bear the debt after his death; 4. If there is no above circumstance, the creditor's rights and debts will be extinguished and there is no need to repay them.

    Hello dear! If the debtor dies, the debts shall be borne by the following persons: 1. If the debtor dies, the heirs of the debtor's estate shall repay the debts for the deceased to the extent of the inheritance of his relatives; 2. If there is no inheritance, if the debtor is the debtor, the guarantor shall bear the guarantee liability; 3. If the debt is a joint debt of the husband and wife, the debtor's spouse shall bear the debt after the death of the debtor; 4. If there is no above circumstance, the creditor's rights and debts will be extinguished and there is no need to repay them.

    Dear, <>

    The following is the relevant legal basis that I have sorted out for you: Article 1150 of the Civil Code, the division of the estate, the taxes and debts that the decedent should pay according to law; However, the necessary inheritance should be reserved for heirs who lack the ability to work and are not aware of the need to live**.

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