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My mother died with $200 in her bank account, and a condo. Do I have to liquidate the condo to pay an unsecured creditor back?
Michael's answer
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Answered on January 15, 2015
Debts come first. However, if the only credtior of the estate is $2,500, most unsecured creditors will compromise the debt. Credit card companies...
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Estate Administration and Credit Card Debt Question
Michael's answer
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Answered on December 30, 2014
The credit card company will initially seek collection against the person who opened the account. Presumably that was your father. Upon learning...
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I would like to contest and break my father's will/trust left to me by him, as I am getting older and I shall lose the money.
Michael's answer
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Answered on March 12, 2014
Mr. Ashman's review of your question is right on point. For the most part, you the old adage that "you catch more flies with honey than vinegar"...
Archived
Hello,
My deceased mother/or representative of her estate just received a letter advising she owes 1,800.00 to the VA.
Michael's answer
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Answered on February 04, 2014
Unfortunately, you owe the money back. Federal payments that are made in anticipation of the forth coming month are recoverable by the agency that...
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