How do you feel when your debtor dies?

Bisolami

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A friend came to my aunt this night and began telling her a few things about her life. She also mentioned that someone was owing her $10,000 and the person died.

Honestly, I’d have fainted. What would you do if it were you?
 
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cherry123

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This is why it is always good to avoid lending out high amount of money or goods. Things can go wrong with the borrower that you can't handle it. it would be to let go nothing else to do.
 

Springtime

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That is sad and there is nothing you can do. I never lend money to people except to my brother once when his business was in financial trouble. He is a trustworthy person and paid me back on time.
 

nomad

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In our country if debtor dies, his son or spouse has to pay the debt. There is no way you can avoid repaying debt including the personal debt as well as instutional debt.
 

cherry123

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This can be depressing if you have a whole of your money with the person but you can't do much about it
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This can be depressing if you have a whole of your money with the person but you can't do much sbo
 
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