no will, no real assets (house, etc)
2006-08-21 13:20:31 · 8 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
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2006-08-23 14:30:55 · answer #1 · answered by Anonymous · 0⤊ 0⤋
This has been asked before, and apparently some people did not learn much.
First, adult children in most states can be liable for the debts or the support of their parents for necessities.
Second, the estate of the parents is liable for the rest of their debts, and few creditors bother to try to hold the children liable even for necessities.
Third, you have to file for probate of the estate to get a formal determination that the estate is bankrupt. Creditors of the estate can hassle you as a child of the deceased because you may have some asset of the estate that could be sold or applied to the debt. If one of of you becomes the administrator of the estate, they can only bother you, and if you have a lawyer, they can only bother the lawyer, who should be able to show the estate is bankrupt and they will go away.
Merely showing a death certificate does not prove 1) you don't have any assets of the estate or 2) that the estate is bankrupt.
2006-08-21 13:45:38 · answer #2 · answered by thylawyer 7 · 0⤊ 1⤋
Basically, your parents debts are "your parents debts," not yours. However, if there is a House or any real estate, they can "attach" against the "sale of this property" and collect on it. If there is "no real property" then they "have to eat it" meaning its their loss, and they write it off on their taxes. Simply get lots of copies of the death certificate and and include this in the bills you get, then wait and see.
Once they get the Death Certificate, then their intentions will be known. However, as their executor, you will still not be liable for their debts.
2006-08-21 13:32:52 · answer #3 · answered by AdamKadmon 7 · 0⤊ 0⤋
babies are no longer legally or ethically answerable for their determine's debt, besides the shown fact that debt creditors will attempt to lead them to think of they're. the only exception is that if somebody cosigned a private loan or mastercard with them. If a guy or woman leaves an assets (including a house or financial employer account), lenders can connect that, and that they're going to take their shrink in the previous the heirs can inherit it.
2016-11-05 08:27:43 · answer #4 · answered by sikorski 4 · 0⤊ 0⤋
If your name does NOT appear on anything with your parents(credit card, auto, etc). absolutely not. They will try to scare or coerce you into paying. Tell them to f*ck off. They cannot do anything to you or your credit. If someone slaps a "mechanics lien" on your house, contact them in writing they have ten days to remove it or you will sue them. If they don't, hire a lawyer to send the next letter. They will drop the lien. Been there, done that.
2006-08-21 13:30:44 · answer #5 · answered by Anonymous · 0⤊ 0⤋
You are not liable for someone else's debts unless it it your spouse's.
2006-08-21 13:26:11 · answer #6 · answered by Anonymous · 0⤊ 0⤋
no dont pay nothing they are deceased thats what that means no matter what they left. thaat person is no longer here. Dont pay 0
2006-08-21 13:28:37 · answer #7 · answered by mike L 4 · 0⤊ 0⤋
No - their estate is attachable though.
If they are indigent then hard cheese for the creditors.
2006-08-21 13:27:07 · answer #8 · answered by Kirk M 4 · 0⤊ 0⤋