My mother have alot of debt...? My mother has alot of debt, credit card, medical everything. When she

My mother has alot of debt, credit card, medical everything. When she pass away is all that debt going to drop on me? The only debt I enjoy is student loans and I do not need over 200,000 dollars surrounded by debt to fall unto my plate because of my mother's departure.

No, her estate will be responsible for outstanding debts.

help her and know in recent times all of the debt will budge away or put her ina nursing home

Check to see that you have not co-signed any of the accounts. If she have an estate, it might be prudent to settle out the debt for cents on the dollar. If she has decades not here, she may want to refinance.

I'm afraid so. Any bills/debts you are to pay after she pass, but... some of them you maybe competent to get out of by showing a copy of her passing certificate.

Have a Merry Christmas

the estate is responsible for the debt

You'll have to discharge the debt i have a awareness. Tell her not to pay it by using another companies credit services, Stick to that company otherwise the interest will be alot to pay to other companies. If near are any Assets that are worth alot I would definately sell some to clear off the debt and to pick up all income i draw from rather than spend it adjectives.

Depending on what state you're surrounded by it could be taken out of her estate, but whatever is required to be rewarded when she dies is only to be remunerated out of her estate, so if there is not plenty to cover it the creditors have to devour it.

Her home could be exempt, and probably is.

You have no liability to your mother's debt IF she miss away, unless your name is on her portrayal otherwise you don't need to income a cents !

Answers: I have no notion where culture are getting these answers. You NEVER have to reward another persons debts! Unless you co-sign for something, or receive married and buy a house together with your husband or something resembling that. Actually in that bag it's a joint debt...but to answer your questionif someone dies contained by - or out - of your family, the lender can come after their assets, that's it. IF THERE ARE NO ASSETS THEY GET NOTHING! They can't come after you a moment ago because you're related.

The executor of her estate just requests to send a entry w/ a copy of the death qualification to all her creditors.you don't inherit another person's debtNow, if you co-signed anything, later you are already responsible and will continue to be responsible.