debts of the dead information

[Wato]

hi all

 

Due to a recent death in the family I am trying to help sort out the debts that they have left behind and have a few questions about it as we have found various letters saying they have some debts we where unaware of.

 

My understanding is that debts are paid from the estate if there is anything left after reasonable funeral expenses

 

How can I find out about everyone who is owed money to?(I have some letters but may not have them all)

 

Is it creditors job to come forward and claim or do I have to inform them?

 

If so how do I inform them?

 

what happens if I miss some creditors and they come forward at a later date but there is no estate left?

 

also there is a water rate debt in their name that has been getting paid off by their partner,would they still have to pay it as she lives in the house or is that wrote off if it cannot be paid for by the estate?

 

If there is any other information that would be helpful please fire away

 

many thanks

[renegadeimp]

Debts get paid from the remains of the state afaik. Most debts die with the deceased. So if the creditors dont claim from the state in time, then they lose out. It's more indepth than that, but thats the jist i get.

[oleg]

Money Advice Service and National Debtline websites both have good summary of position, including template letter to send to deceased's creditors.

[BRIGADIER2JCS]

You can place a notice in the press: e.g.

 

 

Any person or organisation having or believing to have an interest in the estate of the late xxxxxxx xxxxxx, must contact xxxxx xxxxx within 28 days

and produce evidence to support their claim.

OWTA.

[citizenB]

https://www.moneyadviceservice.org.uk/en/articles/dealing-with-the-debts-of-someone-who-has-died

 

https://www.nationaldebtline.org/EW/factsheets/Pages/21%20EW%20Dealing%20with%20debts%20when%20someone%20dies/Default.aspx

 

http://www.nidirect.gov.uk/what-happens-to-debts-when-someone-dies

 

https://www.moneyadviceservice.org.uk/en/articles/what-to-do-when-someone-dies-a-checklist

 

Some links with useful information.