1, the debtor has to pay back the money when he dies. According to the law, after a person dies, his successor shall pay off the taxes and debts that the decedent should pay according to law within the limit of the actual value of the estate obtained. The part exceeding the actual value of the estate shall be voluntarily repaid by the heir. If the heir renounces inheritance, he may not be liable for paying off the taxes and debts that the decedent should pay according to law.
2. Legal basis: Article 161st of the Civil Code of People's Republic of China (PRC).
The successor shall pay off the taxes and debts payable by the decedent according to law within the limit of the actual value of the inheritance. The part exceeding the actual value of the estate shall be voluntarily repaid by the heir.
If the heir renounces inheritance, he may not be liable for paying off the taxes and debts that the decedent should pay according to law.
Article 163
If there are both statutory inheritance and testamentary inheritance and bequest, the legal heir shall pay off the taxes and debts that the decedent should pay according to law; The part exceeding the actual value of the statutory estate shall be paid off by the testator and legatee in proportion to the income.
Second, what are the consequences of not repaying?
The consequences of non-payment are as follows:
1, resulting in overdue charges, including penalty interest and liquidated damages;
2. Affect personal credit records. The loan enterprise does not have a financial license, and the arrears are not collected, which does not affect the personal credit record. However, those who refuse to return the lawsuit to the court may be included in the list of people who have lost their trust;
3. If the circumstances are serious, it will constitute a crime and need to bear criminal responsibility according to law. If the parties maliciously refuse to perform or evade the debt, it will rise to the level of crime, and criminal responsibility should be investigated for bad behavior.