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The debts of the estate must be paid before any inheritance is distributed to the heirs.
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∙ 15y ago
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Does the family of a dead card holder have to pay off the debt?
Unless they are a cosigner on the card (such as a spouse), the family will not be personally responsible to pay off the debt. However, the laws of your state MAY require the debts to be paid before any inheritance can be distributed to the heirs.
Can a family member buy the house that is in a reverse mortgage?
Only if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgage
How can you keep a collection agency from taking your car?
Pay off your debt.Pay off your debt.Pay off your debt.Pay off your debt.
(The Metamorphosis) Gregor works so hard in order to?
Pay off his father's debt
Is the spouse responsible for a deceased spouse's debt in West Virginia?
Yes, in West Virginia they will pay for the debt. Either through a reduced inheritance or because of perceived benefit from the debt.
Is it better to settle a credit card debt or pay it off?
Pay it off
What is a sum paid toward a balance?
That means you pay off part of your debt.That means you pay off part of your debt.That means you pay off part of your debt.That means you pay off part of your debt.
Can you use your Stafford student loan to pay off debt?
No, you cannot use a Stafford student loan to pay off personal debt. The only debt that should be paid off with an educational Stafford loan is your college debt.
How can one pay your credit card debt?
The best way a person can pay their credit card debt is by getting a job to earn money to pay off the debt. By being wise about how their money is spent, a person can begin to pay off the debt without creating more.
Is it beneficial to pay that debt off or is it just a redundant action once a debt has gone to collections and damaged your credit report?
It is best to pay off the debt. You can also ask if they will remove their listing completely from your credit report, if you agree to pay. If they agree to this, tell them to send the agreement to you in writing and you will immediately pay off the debt.
What was Hamiltons plan to pay off national debt?
Hamilton's plan to pay off the national debt had three parts. The first was to pay off all war debt, next was to raise government revenue and last to create a national bank.
How is the best way to quickly pay off corporate debt?
The best way to pay off corporate debt is to pay the high interest credit cards off first. If that does not work a company must consider filing for bankruptcy to escape debt.
