Her son would "inherit" the debt only if he co-signed with her as a borrower. Her estate would pay the debts and the creditors would take the loss if the procedes from the estate were insufficient.
Nothing much, as his father died of drinking and falling into debt, his mother was a homemaker.
Yes Frank Lampard father is alive, but the mother died recently.
Unless you are the Executor of your mother's estate, why would you want to know this? Unless the deceased died with assets remaining in their estate, the debt is forgiven.
Blessed Mother Teresa of Calcutta died on September 5, 1997, in Calcutta, West Bengal, India of natural causes. She is not yet a canonized saint.
No, you are not responsible for his debt. His estate has that responsibility.
No. There is no rule that as executor your debts are forgiven. However, if there is no written evidence of the debt and it is not mentioned in the will you can forget about it since your mother made the decision to not memorialize it in writing.
Your mother's estate is responsible for her debts. Her debts must be paid before any property can be distributed to her heirs. If she left property you should contact an attorney who specializes in probate to discuss your rights and obligations.
Yes. A decedent's debts must be paid before any property can be distributed to her heirs.
I would consult an attorney if I were you.
Whitney Houston was a black female singer that died recently. She died February 11, 2012, at the Beverly Hilton Hotel.
yes,many times and he still died while having debt
Rhea, mother of Hades - never died.