Debt of the deceased
Date: Sat, 03/13/2010 - 03:22
If the credit card holder is dead, can the creditor make claims on his estate to get paid? What rights do the heirs have in this regard?
Debts get paid out of the estate first and creditors must file a
Debts get paid out of the estate first and creditors must file a claim within the allowed state law period. Heirs really dont have any rights..it is the executors duty to pay all claims first.
Yes, my friend died on his Harley and all of his cc's were paid
Yes, my friend died on his Harley and all of his cc's were paid out of his estate first, before other distribution.