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If there is no inheirator of the deceased's estate no one is responsible. However if you have inheireted the decease estate and accepted that then you also have to accept the debt. Payment of debt should come from the estate of the deceased. If the estate of the deceased is without sufficient resources to pay the debts and the deceased does not have joint obligation with anyone, the total of debt should be added together and the estate should be divided equally among the debts. If anything is left after paying all debts of the deceased, the remaining resources can be divided among suvivors or beneficiaries.
What else can I help you with?
When the loan company sells a deceased person's car but doesn't cover the amount of the loan is the estate responsible for the balance?
Yes, but it does depend on what Country you are in!
Are siblings responsible to creditors with a negative balance estate?
In most cases the debts of the deceased are the responsibility of the estate. Siblings are not responsible for the debts. Anyone that may have been a co-signer on any of the agreements might also be responsible. Consult a probate attorney in your jurisdiction for help.
What is responsible for balance?
Vestibular apparatus from the middle ear is mainly responsible for balance.
Who is responsible for confirmping your bank account balance?
who is responsible for confirming your bank account balance
Is the survivor of a joint checking account responsible for the deceased credit card debt?
Yes - if the account is in joint names, and one of the named people dies, the surviving person assumes all liability for the outstanding balance.
Who pays off the balance of a deceased credit card person?
If person dies with debt, the debt does not die with them and their creditors have the right to be repaid from the deceased's estate. The executors of the estate need to be aware of any debts in order that they can deal with them. If there is no estate, or if the debts are relatively small, creditors may well write off the debt. If any debts are in joint names, the surviving partner will remain liable for the debt.
Which unit of the brain is responsible for the sense of balance?
Balance and hearing both derive from the same organ, the cochlea, therefore the auditory center of the brain is also responsible for perceiving balance.
Can a collection agency report a collection and then not update it?
In Part: No it has to be updated if the balance is revolving and going up or down monthly.
What mineral is responsible for fluid balance?
sodium
Who is responsible for confirming your bank account balance?
you
An unrecorded credit memo for collection of a note should be?
added to bank balance
What happens if your father dies your parents are divorced and he just purchased a travel trailer and still owes on it... are we responsible for it?
When a parent dies, a minor child is not held responsible for the payments of a purchased item. If the item was purchased after a divorce has become final, the ex spouse is not responsible for the purchase either.
