Suicide + Money

[lost in life]

Quick question... What are the laws about what happens to someone who commits suicide's debt? Say I committed suicide and had £10,000 worth of debt, would my family be responsible for repaying it or... what? Obviously it must have to be paid somehow otherwise all people who commit suicide would go out and spend spend spend on their last day.

 

Thanks.

[Napoleon Bonaparte]

You know I know the answer to that but I ain't gonna tell you cuz your question sounds pretty suspicious.

[CinnamonGirl]

believe me, 10k in debt is miniscule.

 

and it certainly ain't worth hurting ones self over.

 

christ, claim bankruptcy if you have to before the new laws go into effect in October.

[lost in life]

well im guessing that it doesnt get paid by your family otherwise you would have said to guilt me out... thanks for being concerned and suspicious and for your responses. over and out.

[SimoneTiger]

What kind of debt?

 

- If it is unsecured debt (think credit cards), the survivors might get harassed a little, but legally they might not be obliged to pay it off.

- Car loan? Easy. Your car gets reposessed.

- Mortgage? Foreclosure--if anybody else lives in your house, they'll have to either transfer the mortgage in their name and keep paying off your debt or move out.

- Student loans? Chances are you had a co-signer, and in the case of your death, that person will be solely and fully responsible for all you owed. For loans you got through your school, I think your family will still have to pay them off (not sure).

- Debt to loan sharks & gambling debt? A suicide might cause major problems and difficulties to your family if you were irresponsible enough to borrow money that way.

 

Jesus. Get a job, then get a second job, and pay off your debt. Don't burden others with your mistakes.

[darkblue]

So are you going to tell us what's really wrong? or continue to ask relativly trivial questions?

 

Debt is nothing compared to a life.

 

And as NB said - I know the answer - But I'd prefer that you talked through your problems first - if that doesn't work - I'll tell you the answer.

[lost in life]

nothings the matter, all i wanted was an answer to a question, stop being so cynical and condesending. Why presume im in debt? Maybe i'm looking to have a good time before jumping infront of a bus? looks like ill have a terrible time then do it

[darkblue]

nothings the matter, all i wanted was an answer to a question, stop being so cynical and condesending. Why presume im in debt? Maybe i'm looking to have a good time before jumping infront of a bus? looks like ill have a terrible time then do it

 

Which would also be suicide. And seeing as it is posted under the suicide topic - suggests to me that the main theme is, indeed, suicide.

 

And not... say finances. Which could be under something like Personal Growth.

[lost in life]

like i said, thanks thats all i needed, i didnt need abuse, i needed answers, and ironically i got my answers from your abuse so yes, thankyou

[cujo]

in most cases insurance covers accidental death but not suicide your family would have to do thati asked my mom that one day. don't do it it is really not worth it

[darkblue]

like i said, thanks thats all i needed, i didnt need abuse, i needed answers, and ironically i got my answers from your abuse so yes, thankyou

 

Sorry if you took at as abuse - it was concern.

[lost in life]

ah well, dont really care anymore, im in the money now, woooooo time to go have fun, nothing to regret, i cant feel guilty if im not here, i wasnt in debt before but now im 10k in debt, hmm £10,000, ive got so many plans for this money, drool, cheers for your concern

[darkblue]

You got 10k worth of debt? Why?