Everyone dies, but some people die unexpectedly and have no time to deal with things before they die, such as bank loans. Isn't it necessary to pay back the bank loan when people die? I can only say that I think too much. If people die, the bank will not die, and the loan will still be repaid. Let's see how to deal with bank loans when people die.
1, spouse returns. When a person dies, his bank loan will first fall on his spouse, because this is the same debt for husband and wife.
2. Repay by the guarantor. If the deceased has a guarantor at the time of loan, the bank will directly find his guarantor and have the right to ask the guarantor to repay the deceased.
3. So are the heirs of the estate. The heirs of the borrower's estate are obliged to repay the borrower's outstanding debts, which is stipulated by law.
If the bank loan is secured, if it cannot be repaid, the bank will dispose of the assets.
It can be seen that even if a person dies, his bank loan will still be paid. If the deceased is a person and has no property, the bank can only handle bad debts, but generally speaking, the probability of this situation is very small, because how can such a person without property get a bank loan?
Second, what about bank loans when people die?
Article 33 Inheriting an estate cannot pay off the taxes and debts that the decedent should pay according to law, and the payment of taxes and debts is limited to the actual value of the estate. The part exceeding the actual value of the estate shall be voluntarily repaid by the heir. If the heir abandons the inherited inheritance and debts, he may not be liable for repayment. Article 34 Taxes and debts payable by the person subjected to execution according to law. It can be seen that the bank loan of the person who went is repaid with his own property, and if there is a guarantee, it can be repaid by the guarantor.
Third, bank loans after death?
Except that the insurance company won't pay back the money, everything else must be paid back. The bank can get the money back dead or alive.