Debt After Death: 9 Things You Need to Know
Credit Corp
JULY 26, 2021
If your loved one doesn’t have any beneficiaries listed on their will when they die, their mortgaged property may go into foreclosure. If no one is able to pay off the loan, the lender may repossess it. Contact all the deceased person’s creditors to let them know that the individual has died. If in Doubt, Contact an Attorney.
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