The buyer financial obligation that goes ‘poof’ whenever you die
If a property can not settle it, credit debt mostly vanishes, professionals state
For Canadians with mounting unsecured debt, it might be beneficial to understand that once you die, your surviving family members will not be needed to spend unpaid bills such as personal credit card debt.
This isn’t always a smart long-term economic strategy, but B.C. Notary Ron Usher noted that when you can find inadequate assets in your property to cover down the money you owe, your household will not need to. […]