Home / Debts after a death / Questions
What about a car loan or mortgage?
Short answer
Secured debts stay with the property. Keep paying if you want to keep it, or it may be repossessed or sold.
See every step in 1 minuteA loved one’s debts after death: what you owe and what you don’t
People also ask
Do I inherit my parent’s credit card debt?›Am I responsible for my parent’s debt after they die?›Can debt collectors contact family after a death?›What happens if the estate can’t pay all debts?›Does life insurance go to pay debts?›Do I have to pay a deceased spouse’s debts?›Should I use my own money to pay their bills?›
Official sources
- CFPB: debts of a deceased relativeconsumerfinance.gov
- FTC consumer advice: debts and deceased relativesconsumer.ftc.gov