Ask Experts Questions for FREE Help !
Ask
    peaco002's Avatar
    peaco002 Posts: 2, Reputation: 1
    New Member
     
    #1

    Nov 15, 2007, 09:58 PM
    Death while in bankruptcy
    What happens if a person is in bankruptcy and dies before the debt is discharged?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
     
    #2

    Nov 16, 2007, 03:00 PM
    Quote Originally Posted by peaco002
    what happens if a person is in bankruptcy and dies before the debt is discharged?

    Then the estate is responsible for the debts up to the dollar amount available. No money to pay? Then the creditors can't collect.
    peaco002's Avatar
    peaco002 Posts: 2, Reputation: 1
    New Member
     
    #3

    Nov 17, 2007, 12:27 AM
    Comment on JudyKayTee's post
    I was not sure what happens thanks

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Death well [ 5 Answers ]

In circus bikers move on bikes in a death well horizontally as well as verically but do not fall. Kindly explain the reason and tell what are the forces acting on them .

Death with no will [ 4 Answers ]

My mother died with no will she is joint home owner to her boyfriend of 10+ years. Are me and my siblings entilted to any of the home and other assets?

Death and credit card death. [ 3 Answers ]

My father recently died leaving enough money to pay off most of his debts,but not all.I contacted those credit card companies that there no funds to pay and informed them of my father's death and that there were no assets to pay these debts.I soon received a letter (from american express) asking to...

Death and credit card death. [ 1 Answers ]

My father recently died leaving enough money to pay off most of his debts,but not all.I contacted those credit card companies that there no funds to pay and informed them of my father's death and that there were no assets to pay these debts.I soon received a letter (from american express) asking to...


View more questions Search