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How do you collect money from an estate when someone is deceased?
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Can a mortgage company pay off the credit card debt for a deceased person several years after they died and then demand the money from the estate?
Yes, that is the reason there is an estate, so that anyone that has a claim can make it and collect.
How does a beneficiary know if he has to add this money to an estate?
The only reason a beneficiary would add money to an estate would be if they owed money to the estate at the death of the deceased.
Can a creditor become an administrator of an estate?
Yes, they can. Often a creditor will file for an estate so they can collect their money.
Can credit card companies collect on unsecured debt if the debtor is deceased?
They have the right to make a claim against the estate. Like other debtors, the executor has to settle their claims. If there are not enough assets, some of the debtors will not receive all of their money.
What happens to the money in an account when the owner passes away?
It passes to the deceased's estate upon proof of death.
Can someone claim his money given to the deceased person from their heirs?
Sort of. A creditor can sue the deceased's estate for repayment.
How do you collect money owed from the deceased?
You must have written proof of the debt. If you do, you can file a claim against the estate as soon as the estate has been filed in probate.
Can you collect a debt when the person is deceased and has no assets in the state of Ohio?
You can apply to the estate for your money. If there are no assets in the estate, you aren't going to be successful. Consult an attorney in your jurisdiction for help.
How does widow respond to creditors calls if not joint on credit card bills?
Tell the credit card company that the card holder is deceased. They do have some rights in some states to collect the money owed from the deceased's estate. They can sue the "estate" for the money owed. Note: a life insurance policy paid to the widow is NOT his estate.
If you lent someone a large sum of money and their dad passed away can you put a lien on her father's estate?
You cannot put a lien on the estate of someone unless they owed you money. In this case, the deceased did not owe you any money.
What are the procedures to collect a debt of a deceased person when no estate has been set up?
Debts are one of the primary reasons someone should open an estate. Those that are owed money can ask the court to establish an estate. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
Can i find out who a dead person owes money to?
If they're dead they don't owe anything to anyone. If it was you, apparently you missed your opportunity to collect while they were still alive. Other than that, you need to keep in mind that impersonating someone to collect money not rightfully yours is theft and can be prosecuted in a court of law. Though if someone was legally in debt to you, being related to the deceased, you could take them to court and their obligation would still stand. If the estate has not been settled and the deceased owes you money you can file a claim with the estate. I am not a lawyer, but was an administrator for my mother's estate. Regardless of what the law might be, the right thing to do is to pay off all the debts before passing out money to the heirs.
Can a mortgage company pay off the credit card debt for a deceased person several years after they died and then demand the money from the estate?
Yes, that is the reason there is an estate, so that anyone that has a claim can make it and collect.
If a collection agency is attempting to collect debt on a deceased person's car loan can they put a lien on the deceased person's house after the estate has been probated?
They would put it on the entire estate of the deceased rather than one item of property so that if there was money that couyld be used to pay rather than have to sell the house.
Can your probate attorney collect his money through a probate account if you don't have money to pay him?
The estate is responsible for the fees. So, yes, he can collect his money from the estate.
How do you pay a deceased persons bills if they have no estate?
You don't. You open the estate, collect all the debts, liquidate all the assets and pay what you can. If there are more debts than assets, people don't get all their money back.
How does a beneficiary know if he has to add this money to an estate?
The only reason a beneficiary would add money to an estate would be if they owed money to the estate at the death of the deceased.
