
What Happens When a Person With Debt Dies?
When a person with debt dies in British Columbia, their debts do not automatically become the responsibility of their spouse or family. Instead, the deceased’s estate is generally used to pay outstanding debts before any remaining assets are distributed to beneficiaries. However, surviving family members may still be legally responsible for certain debts, such as...
This is a short preview. The article was written by Onyx Law Group and the full text is on their website.