What Happens to Your Debt When You Die in Canada?

No one likes thinking about death — but if you have debt, it’s important to know what happens to it when you’re gone. In this episode of Debt Free Life, Licensed Insolvency Trustee Richard Sklar breaks down how debt is handled after death in Canada, who is responsible for paying it, and how to protect your loved ones from financial stress during an already difficult time. Whether it’s credit cards, mortgages, or co-signed loans, we’ll help you understand what your family can expect — and what steps you can take today to minimize the burden tomorrow.

Need help with your debt?
Book a free, confidential consultation with a Licensed Insolvency Trustee at David Sklar & Associates.
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Read the full blog article:
https://davidsklar.com/blog/death-and-debt-ontario/