Re:The Property Industry Is Falling Out of Love with WeWork
by skh on Wednesday December 19, 2018 @11:44PM
(#18722576)
In some states for certain medical expenses family members can be forced to assume the debt.
Re:The Property Industry Is Falling Out of Love with WeWork
by kgwgk on Thursday December 20, 2018 @02:12AM
(#18723048)
Interesting. But strictly speaking you’re not inheriting debt. You were liable for the debt all the time.
Re:The Property Industry Is Falling Out of Love with WeWork
by skh on Thursday December 20, 2018 @12:58PM
(#18727235)
I would agree with that assessment but for the fact that while alive the parent's medical debt can't be forced upon family members. It's a weird debt and I agree it isn't quite the same as inheriting it but I also think it isn't the same a jointly assumed liability while the parent is alive. The family members presumably have no say in whether or not the parent assumes the medical debt.
You can never involuntarily inherit debt in the US. You have to be a co-signer to begin with.