as per the title...i was wondering what happens if i die, what if i have no assets and only a few things like a PC or a cell phone...
is my family liable to pay my debts if i die?
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AFAIK it would depend on the wording of the actual debt agreement, but generally such amounts are small and generally (again) the lender would not bother. However, if your spouse was also a party to the loan then the liability would carry over. Or if there was jointly-owned property then that could be at risk (again depending on the wording of the agreement). If you are not married then other family members who have nothing to do with your debt could not be held liable - unless it was found that you had transferred assets in order to avoid any liability.
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