10-08-2012, 07:46 AM | #121 | |
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10-08-2012, 07:55 AM | #122 |
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Actually, in Sweden you don't inherit debt. If the estate cannot pay the debt the creditor has to write it off, descendants can't be burdened with it, they didn't sign on for it.
Last edited by Kumabjorn; 10-08-2012 at 08:16 AM. |
10-08-2012, 07:58 AM | #123 |
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10-08-2012, 08:44 AM | #124 | |
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10-08-2012, 09:02 AM | #125 |
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In the US, some types of debt aren't inherited in the normal fashion, but they have to be settled by the estate, which often is is your spouse or kids. Probate Court may make the executor liquidate the entire estate. Can be an issue if people are still living in the house owned by the deceased.
Also, debt is entirely passed on in the event of a cosigner. Plus, while credit card companies aren't supposed to, they have been known to harass family members over debt after someone passes. |
10-08-2012, 09:57 AM | #126 | |
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10-08-2012, 10:17 AM | #127 |
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Here you have to repay the debt if there are enough assets in the estate, its not like the debt disappears when someone dies, but if there are more debt than assets (bankruptcy) inheritors are not legally bound to repay that debt. We often have accumulated tax debts on capital gains from selling abodes that needs to be settled when the title holder passes on. In other words, negative assets are not redeemable, but as lonag as the assets are higher than the debt, the creditors get their money back. I'm sorry if I wasn't clear enough in my earlier posting.
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10-08-2012, 11:06 AM | #128 |
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Perhaps I wasn't clear. The debts have to be paid out of the assets of the estate - the heirs get anything that's left at the end. But the heirs will never be left with a debt; at worst, they'll get nothing.
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10-08-2012, 04:23 PM | #129 |
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10-08-2012, 04:43 PM | #130 | |
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10-08-2012, 05:23 PM | #131 | |
Is that a sandwich?
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He also made a poor decision in not marrying Eva. |
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10-08-2012, 06:29 PM | #132 | |
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The real point of my post, however, is that this case is no support for copyright surviving death, but rather the contrary. |
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10-08-2012, 07:11 PM | #133 | |
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10-08-2012, 10:19 PM | #134 | |
Is that a sandwich?
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Couldn't they marry in a country where no address is needed? I'm sure Sweden recognizes licenses issued in other jurisdictions. Anyway, this is off topic. |
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10-08-2012, 11:17 PM | #135 | |
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