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== == In Massachusetts, creditors have 1 year from the date of death to notify the executor or administrator of the estate of the outstanding debt. This has just happened to me in North Carolina: My attorney ran it in the paper for 30 days and that was all. In Kentucky, an estate has to remain open for a minimum of 6 months for the purpose of allowing enough time for creditors to come forward and make claims against the estate for debts. If it has been charged off the estate, they are merely harassing you.

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โˆ™ 2008-09-07 21:21:50
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Q: What length of time do creditors have to come in and try to claim assets owed to them that were previously charged off from an estate?
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Can debt collectors make a beneficiary pay the decedents debts?

The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.


What happens to the administrator of an estate with creditors?

The Administrator must file the proper notices that the estate has been filed to give the creditors the opportunity to file claims against the estate. The estate is responsible for the debts of the deceased. Claims by creditors must be paid before any assets can be distributed to the heirs-at-law. There is a statutory schedule by which creditors must be paid. If there are not enough assets to pay the creditors the estate is declared insolvent. The adminstration of an estate is a legal process that must be done according to the law. If the appointed Administrator doesn't know how to carry out their duties according to the law they should hire an attorney to supervise the probate process. Distribution of assets before creditors are paid can leave the Administrator exposed to personal liability.


Can bankruptcy go after warranty Deed with Reserving Life Estate property?

That depends on several factors, especially the time line of its creation, but it may become part of the bankrupt's assets subject to creditors but the creditors may take it subject to the life estate.That depends on several factors, especially the time line of its creation, but it may become part of the bankrupt's assets subject to creditors but the creditors may take it subject to the life estate.That depends on several factors, especially the time line of its creation, but it may become part of the bankrupt's assets subject to creditors but the creditors may take it subject to the life estate.That depends on several factors, especially the time line of its creation, but it may become part of the bankrupt's assets subject to creditors but the creditors may take it subject to the life estate.


Does the money left to a beneficiary in the state of ga have to be paid to the creditors of the deceased?

Yes. The creditors of the decedent must be paid first if there are any assets in the estate. Once the creditors have been paid any assets that remain pass to the beneficiary. When the estate is probated the creditors have a statutory period during which they must file a claim. That period varies from state to state. Once the period passes the assets can be distributed to the beneficiaries. You should speak with the attorney who is handling the estate.


What happens when no estate and no insurance who pays debts?

The decedent's estate is responsible for the decedent's debts. If there are no assets the creditors are out of luck.


If a person dies without assets but with debt must survivors pay debt?

A person's estate is responsible for their individually incurred debts. If there are no assets then the estate is declared insolvent and the creditors are out of luck. Some people think of assets as only being money in the bank. Perhaps you should speak with an attorney to verify that there are no assets and that the creditors are out of luck.


Can the deceased be billed?

The decedent's estate must be probated if they owned any property. Creditors can make claims against the estate. The creditors must be paid before any of the assets can be distributed.


Can a sibling be held liable for another sibling's debts if the deceased sibling was not married had no children and left no assets or any estate?

No, a sibling will not be responsible for the debts. The estate is responsible for the debts. If the estate has no assets, the creditors will not get paid. If there are not enough assets to pay the debts, the beneficiaries will not receive anything.


What part of the estate is charged for a exceutor fee?

The estate is a single entity. There are no 'parts' to an estate, the bill is paid from the assets.


Who is liable for your mothers hospital bills if there is no will?

Your mother's estate is responsible for her debts. If she owned any assets then her estate must be probated to give her creditors the opportunity to make claims. If she had no assets then you should notify her creditors of her death by sending a copy of the death certificate with the bill to the billing office.


Are surviving children responsible for deceased parents debts in the state of Virginia?

The estate is responsible for the debts. If the estate has no assets, the creditors will not get paid. If there are not enough assets to pay the debts, the beneficiaries will not receive anything.


Am I legally responsible for my deceased son's medical bills I live in the State of Virginia there is no estate and I am not the guarentor on any paperwork?

No, you are not responsible for the bills. His estate is responsible, whether there are assets or not. If there are no assets, they creditors do not get paid.


Can creditors go after a paid-off car in probate if the house is being foreclosed on?

Debtors can go after the assets of the estate. These assets will have to be liquidated to settle the debts.


When a parent dies are the children held responsible for any debt left?

The parent's estate is responsible for their debts. If there is no estate the creditors are out of luck. However, if the parent left any assets, the estate must be probated in order to give creditors an opportunity to file a claim.


What are creditors rights after death of debtor and probate assets are insufficient?

The estate is responsible for payment of debts. If the estate is insufficient it is deemed to be insolvent and the creditor is out of luck.


Can creditors go after estate property left to spouse's?

The estate pays all debts first and then distributes the assets. So yes they can.


Can you be executor of estate with no assets in estate?

Yes. This can make sense in order to close out the debts of the deceased and prevent creditors from annoying surviving family members.


Can you file for bankruptcy if the deceased parent's nursing home bills cannot be paid because there are no more funds in the estate?

You don't need to file bankruptcy. Your parent's estate is responsible for their debts. The estate must be probated and their debts must be paid before any assets can be distributed to the heirs. If the debts are greater than the assets in the estate the estate will be declared insolvent, the court will order a scheme of payment from limited funds, if any, and if there is not enough money the creditors are out of luck.You don't need to file bankruptcy. Your parent's estate is responsible for their debts. The estate must be probated and their debts must be paid before any assets can be distributed to the heirs. If the debts are greater than the assets in the estate the estate will be declared insolvent, the court will order a scheme of payment from limited funds, if any, and if there is not enough money the creditors are out of luck.You don't need to file bankruptcy. Your parent's estate is responsible for their debts. The estate must be probated and their debts must be paid before any assets can be distributed to the heirs. If the debts are greater than the assets in the estate the estate will be declared insolvent, the court will order a scheme of payment from limited funds, if any, and if there is not enough money the creditors are out of luck.You don't need to file bankruptcy. Your parent's estate is responsible for their debts. The estate must be probated and their debts must be paid before any assets can be distributed to the heirs. If the debts are greater than the assets in the estate the estate will be declared insolvent, the court will order a scheme of payment from limited funds, if any, and if there is not enough money the creditors are out of luck.


Can an executor of a will be responsible for debts if there is no money in the estate only debt?

The estate is responsible for the debts. The debts must be paid by the executor before any assets can be distributed. If the executor distributes any assets while the debts are outstanding, she/he may be personally liable. If there are no assets the estate is declared insolvent and the creditors are out of luck.


What if your deceased brother estate does not have enough assets to repay his creditors?

The creditors will just have to write off the debt. You are under NO obligation to pay his bills. They will try to get you to do it, but you don't have to take it on.


If there is no money in a person's estate that has passed away do their loans that are unsecured have to be paid?

The estate is responsible for the debts of the deceased. The creditors should be notified of the death but they are out of luck is there are no assets.


If you die without any estate do your debts die with you?

Generally, yes. If the decedent left no assets their creditors are out of luck.


Should i pay creditors that have filed against my father's estate from his bank accounts because their is no property?

Bank accounts are considered to be personal property and personal property is an asset of the estate. Creditors that file a claim against the estate are entitled to be paid from the assets of the decedent before any assets can be distributed to the heirs. They must be paid from any funds in a bank account owned by the decedent.


If there is no estate of deceased family member who is responsible for debt?

Generally, the estate is responsible for paying the debts of the decedent when the debts are in the sole name of the decedent. If there are no assets then the creditors are out of luck.


Will you be responsible for your mothers outstanding dept if she died without any assets?

No. Unless you agreed in writing to be responsible for your mother's debts, her estate will be responsible. If there is no estate the creditors are out of luck.