Wait hold on
Wouldn't that mean that lenders have a vested interest in keeping borrowers alive especially if they have extreme net debt?
They have a vested interest in their borrowers not dying. This manifests as not lending to people at increased risk rather than any kind of protective or preventive action.
Keeping alive and quality of life are different things.
Let me introduce you to:
spoiler
slavery
Remember: If you kill yourself, all your debts get transferred to your next of kin!
Disclaimer: I don't know if this actually happens. Wouldn't surprise me though.
Most don't, no (US). It just goes to your estate, so if you have anything of value that will be sold to help with it before it goes to any of your loved ones.
Depends on country.
In some it only goes to them if they accept inheritance.
