I am writing a story in which a man loaned money to an organization. Before the organization can pay back the loan, the man is murdered. So what happens to the debt? Mommy said that as long as the man didn't put something in his will about it, the debt would be forgiven. Is that correct? I can't find anything about it on the Internet, so any help would be greatly appreciated.
Also, what kind of paper work would they have to do to borrow money from said man?
Thank you for your help.
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