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They would take their land as a form of payment
a+ gold and silver
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∙ 9y ago
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In which of the following were all debts paid in Massachusetts?
gold and siver
How were all debts paid in Massachusetts?
Lick on my stick trick
How long does an executor have to settle an estate in Massachusetts?
In Massachusetts has no specific time frame. The estate has to be inventoried and appraised, the debts collected, taxes paid and the terms of the will meet.
In a bankruptcy the priority debts -- the debts that the court feels should be paid first -- are paid then the unsecured debts are added up.?
true
Who is responsible for debts upon the death of a sole proprietor?
The debts are paid from the estate.
Do adult children have to pay off deceased parents debts from their inheritance?
The debts of the decedent must be paid by the estate. In fact, the debts must be paid before any assets can be distributed to the heirs.
True or false In a bankruptcy the priority debt the debts that the court feels should be paid first are paid then the unsecured debts are added up?
true
Which debts should be paid off first?
For consumer debts, credit cards. Highest interest.
Is the Executor of the Will responsible for paying the debts of the deceased?
Yes. That is one of the duties of the executor. The debts must be paid out of the assets of the estate before legacies are paid to the beneficiaries.
Do you have to pay the debts of your parents if they die?
The estate of a decedent is responsible for the debts. The debts must be paid before any assets are distributed to the heirs.
If you were left money by your mom and your sister has not paid her own debts will they be paid before she gets her money?
Your sister's debts are not part of the estate. The estate's responsibility is to pay the mother's debts and distribute the remainder. What your sister does with her share of the inheritance is up to her.
How did Massachusetts pay off its war debts?
By creating a new property tax.
