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Here's what happens to your debt after you die


hegemony
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The last post in this topic was posted 2307 days ago. 

 

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In reading this, if you're broke and told you have two weeks to live, and then run to every bank and give $500,000 in credit card cash advances to your relatives, that probably won't work.

 

If that's the case, if you take the $500,000 and just throw it over a freeway overpass for all down below who can get their hands on the dough, the banks won't have any recourse.

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Devils advocate:

 

How would they know you gave it to relatives or threw it over an overpass?

 

They would probably assume you gave it to relatives unless someone could prove otherwise.

 

 

How is that not guilty until proven innocent?

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