During Corona virus, a man in my environment committed suicide because of a bank loan of 10 million. He does block making business and I think he failed due to some unforeseen circumstances.

After so many embarrassment by police to pay his debt and also after the sale if his own built house. The debt was still left to be paid completely.
It was when the country was in tension of Corona that I heard he poisoned himself and died.
So, my question is "Can children inherit Parents debt?"
I ask because the remaining debt is left for the children.

Simple No.

I am sure I can't

Tohsynetita1:
During Corona virus, a man in my environment committed suicide because of a bank loan of 10 million. He does block making business and I think he failed due to some unforeseen circumstances.

After so many embarrassment by police to pay his debt and also after the sale if his own built house. The debt was still left to be paid completely.
It was when the country was in tension of Corona that I heard he poisoned himself and died.
So, my question is "Can children inherit Parents debt?"
I ask because the remaining debt is left for the children.

They can’t..

LikeAking:

They can’t..

So, who balance bank loan that remains? dey play.

Immediately the man died, he is loan free.

Tohsynetita1:

So, who balance bank loan that remains? dey play.

Abeg no display ignorance here..

Nobody go balance bank loan..

E don go…

It’s called bad debt…