<prompt> Human: Hey, not sure if this is the right place for this post. Please let me know if that is the case. My close friend and neighbor died two weeks ago. He had a fair amount of debt and was renting an apt at the time. He owned very little and was just getting by on welfare. The collectors are showing up and knocking on the door of where he used to live and trying to get more info. I dont know what to tell them except he has no assets. What usually happens with the CC companies that would like to collect debt? Do they just eventually call it a loss and move on? Kind of wondering how this ends up working out and how I can help the situation even though I am in no association with his finances.  <response>: Nothing - debts die with him. You cant inherit debt, and if there is nothing left, they just have to move along.Technically, the executor would need to sell anything possible to satisfy whatever debts there are, but it doesnt sound as though he had anything of value. 