Depends on the locale. As I understand it, in Korean law, both assets and debts are transferred to next of kin when one dies. Relatives of debtors have to go th

Depends on the locale. As I understand it, in Korean law, both assets and debts are transferred to next of kin when one dies. Relatives of debtors have to go through a legal procedure to make sure that they don't become next-in-line for any debts or assets when the debtor dies.