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  2. What happens to your loan debt after you die? - AOL

    www.aol.com/finance/what-happens-to-loan-debt...

    Loans without collateral are often a last priority when it comes to paying off your creditors after you die. But family could be responsible, depending on where you live. Learn more in our guide ...

  3. Should you cosign a loan for your child or a loved one? A ...

    www.aol.com/finance/pros-cons-cosigning-loan...

    Benefits of cosigning. Drawbacks of cosigning. You can help a loved one qualify for a loan. You assume full liability for payments and late fees if the main borrower falls behind or files bankruptcy

  4. How to protect your deceased loved one’s credit after death

    www.aol.com/finance/protect-deceased-loved-one...

    Why a credit freeze is necessary after a loved one’s death A credit freeze is like a lock on someone’s credit report, making it harder for identity thieves to use their information for fraud.

  5. Payment protection insurance - Wikipedia

    en.wikipedia.org/wiki/Payment_protection_insurance

    Payment protection insurance (PPI), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill, disabled, loses a job, or faces other circumstances that may prevent them from earning income to service the debt.

  6. Administrator of an estate - Wikipedia

    en.wikipedia.org/wiki/Administrator_of_an_estate

    The administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. [1] Where a person dies intestate, i.e., without a will, the court may appoint a person to settle their debts, pay any necessary taxes and funeral expenses, and distribute the remainder according to the procedure set down by law.

  7. How to protect your deceased loved one’s credit after death

    www.aol.com/finance/protect-deceased-loved-one...

    What happens to debt after death varies depending on the type of debt, your relationship to your loved one and your state. In general, a deceased person’s debts will be settled by their estate.

  8. Cancellation-of-debt income - Wikipedia

    en.wikipedia.org/wiki/Cancellation-of-debt_income

    One exception to the requirement to file 1099-C is when a student loan has been discharged due to the death or permanent disability of the borrower under provisions of the Tax Cuts and Jobs Act of 2017. The IRS has issued a notice that lenders or servicers of loans discharged under these provisions are not required to issue Form 1099-C, and ...

  9. What happens to your bank account after you die? - AOL

    www.aol.com/finance/what-happens-to-bank-account...

    Loans without collateral — such as personal and student loans — are usually treated as a last priority when it comes to paying off your creditors after you die, though a spouse could be ...

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