When someone dies, their estate handles outstanding debts through a legal process called probate. The executor sells assets, ...

In some cases, it may be possible for tax debt to be canceled through bankruptcy. To qualify, the tax debt must meet specific ...

No one likes to talk about it. But one day, your time here will end, whether you’re prepared for it or not. For the sake of your loved ones, then, it’s best that you are prepared. As it is, 73% of ...

Almost half of American adults — about 46% — say that if they died today, their loved ones would inherit their debt, according to a 2024 survey. The percentage jumps even higher — to 58% — among ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Things can get even tougher, though, when you're carrying a ...

Here are some things to know about what happens to a student loan if you die. June 23, 2013 — -- Did you ever wonder what happens to your student loans if you die? We recently received this ...

Credit card debt forgiveness: Is it possible? Quick to go up, painfully difficult to bring down. Sound familiar? Most U.S. adults have credit card debt, and if you're struggling to pay yours off or ...

There is not a single federal debt forgiveness program for older adults. However, options such as debt management plans, credit counseling, and debt consolidation loans are available. Debt forgiveness ...