Do kids inherit the debt of their parents? I mean, could they be forced legally to pay those debts after the death of their parents?
by 
Doggie S
ANSWERS: 3
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Not unless they inherit their parents money or estate ,if they had any, to help pay off those debts. If they recieve nothing, the creditors can't get a red cent from them.
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It depends If the parents owned any property and the creditors got a default judgement against the parents what happens is a lien is placed against said property. If the parents pass away without satiusfying the lien the resposnibility will fall upon the children who inherit the property. While technically the creditor cannot force the child who has inherited the property to pay off the lien the downside is the child can not take title on the property nor can hey refinance the property until the liens have been satisfied.
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No. But the kids also don't inherit anything until the creditors are paid. For example, if your parents leave you a house in the will, but the parents still have debt, the house will be sold to pay off the debt. If the assets are not enough to pay off the debt, the creditor takes a loss. If there is anything left over, it goes to the next of kin.
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