If a person defaults on their inheritance loan is the estate liable?

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If a person defaults on their inheritance loan is the estate liable?

I got an inheritance loan but am not receiveing anywhere near as much as I thought. I also have filed bankruptcy and put the inheritance loan company on it. Will the Estate or Executrix be penalized for my loan?

2007-04-24 11:14:00 · 1 answers · asked by curious 1 in Business & Finance ➔ Credit

1 answers

Neither the deceased nor the estate signed for the loan, YOU did. Why would the estate be liable? If you got a 'refund anticipation loan' and your refund was seized for child support, would the IRS be liable. That is the same question with the names change to protect the guilty.

2007-04-24 12:36:51 · answer #1 · answered by STEVEN F 7 · 0⤊ 0⤋