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What happens to joint debt if one spouse dies unexpectedly? What if the debt is very large and one spouse does not make enough to reasonably afford to pay the debt?

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What happens to joint debt if one spouse dies unexpectedly? What if the debt is very large and one spouse does not make enough to reasonably afford to pay the debt?

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Both spouses or jointly and severally liable for the debt. That means the creditor can go after any spouse for the WHOLE debt at any time. If you are asking this question merely for planning purposes, you may want to consider getting life insurance to protect yourself should your spouse die. If this has already occurred, you are liable for the debt.

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