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Showing results for tags 'inherited debts'.
My father is now quite elderly and unwell. He has gambled heavily for many years and has run up large credit card debts. We don't know quite how large, but he has a number of cards and only pays off the minimum. He is still gambling and I don't think he will stop. My mother is very worried about what will happen should he pre-decease her. The house is in joint ownership and the mortgage has been paid off. We aren't really sure whether she would have to pay his credit card/gambling debts and whether the house would form part of his estate, or pass directly
Hi All, I have a complex situation.... My Mum died In 2008 (when I was 21yo) she left a huge amount of debt and a small completely run down house. As he next of kin I got probate, i contacted all known creditors and most when i explained i lived in the house wrote off the debt - great.... Except RBS who had been chasing me for her £3500 credit card debt... By the time my mum was cremated I owed 10k for funerals administration costs and a loan which I took out to make the house habitable... (at 21) I'm now being told The estate I.E my home (becuase there was no