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Aston Lawyer
Aston Lawyer, Solicitor
Category: Law
Satisfied Customers: 10458
Experience:  Solicitor LLB (Hons) 23 years of experience in Conveyancing and Property Law
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If and when I die, does my debts that are not secured die with

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If and when I die, does my debts that are not secured die with me?
Submitted: 1 year ago.
Category: Law
Expert:  Aston Lawyer replied 1 year ago.
Hello and thanks for using Just Answer.
My name is ***** ***** am happy to assist you with your enquiry.
Your debts only die with you if there are not sufficient assets in your Estate to pay them.
Upon death, any monies/property/shares etc left by a deceased do need to be firstly used to pay any unpaid tax and funeral expenses. After these liabilities have been paid, any monies left over have to be used to pay any other debts you may have. If there isn't any assets left over, then the debts do indeed also die.
I hope this clarifies the position but please let me know if I can assist further.
Kind Regards
Al
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