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Month: January 2020

Is the wife responsible for her husband’s debts after his death?

Is the wife responsible for her husband’s debts after his death?

Losing a loved one is a difficult experience, but while being in mourning, one should not forget about the necessity to settle numerous formal issues. There are many doubts about the inheritance of the deceased and who is obliged to pay debts from him. What happens to outstanding obligations after the spouse’s death, and how do you avoid having to pay them back? When do debts pass to the family? After the death of her husband, the wife is obliged…

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What are credit holidays and how do I use them?

What are credit holidays and how do I use them?

  Suspending the repayment of a loan obligation for a certain period allows many borrowers to get out of financial problems without generating serious arrears in the payment of installments. This suspension is called a credit vacation. When and how can you use them?   Credit holidays consist in postponing the repayment of one or several principal and interest installments or only part of the principal installment, which is associated with the need to extend the loan repayment period or…

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