If I took out a bunch of loans and credit cards and maxxed them

>>1364084
shut up

>>1364084
You obviously don't mean your kids. Do you mean your mommy and daddy?

I don't know, they probably would try and collect it from them. Fucking /biz/, Jesus Christ..

>>1364084
Part of the "probate" process is to allocate all your assets and liabilities. This would include sending a notice to whoever you owe money to stating you're "deceased". After all your assets are liquidated, if any, lenders/banks are the first to get paid back and any money leftover, if any, would go to your family after attorney fees. Some cards have built-in insurance that relieves you of your debt if you die, so maybe read the fine print on any cards/loans you're thinking about getting.

>>1364084
OP obviously on suicide watch

Loans on what? Any financed real estate or car would get repossessed after your death.

>>1364084

Unless they were named as a guarantor, debt can't magically be passed on to a relative. If you have any assets (house, car, etc), they would been seized to pay for the debt but if you don't have assets to the sum of your debt, the company just has to take hit.

That's my understanding anyway.