Legal Question in Credit and Debt Law in Michigan

Who pays the debt and loans when somebody dies?

I was wondering what happens to the debt or loans that are still owed by an individual when they die. Are they just nullified? Or do the payments go on to the remaining family? Or is the debt collected by means of taking the deseased persons' belongings?


Asked on 8/13/04, 8:04 pm

1 Answer from Attorneys
Gregory J. Roth Gregory J. Roth, PLLC

Re: Who pays the debt and loans when somebody dies?

Debts of a deceased person are debts of that person's estate, and the estate is liable to creditors, assuming there are sufficient assets available. A probate attorney can assist with these matters. Please contact me with any questions at (248) 305-5840 or www.lawgreg.com.

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Answered on 8/15/04, 5:55 pm


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