If you handle this improperly you might start the statute of limitations running again on these debts if you start paying on them to the original creditors. Also, if debt collection companies have purchased these debts for cents on the dollar then the debts no longer belong to the original creditors, but to the debt collection companies. Debts can be sold or they can be handled on the basis of "consignment," or by other arrangements. You are asking for trouble if you start making payments to the original creditors without getting the debt collectors to also sign off on the final payment with an iron clad in-writing statement that the debt is considered "paid in full and completely satisfied." Do not attempt to do this without an attorney.
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I would strongly caution against attempting to pay the original creditor. I understand the desire to meet obligations, etc, especially to honor the memory of your father, but if the banks sold or transferred the debts to another entity then there is no legal obligation to them anymore.Ask a similar question
You are making a simple situation very complicated. If the Statute of Limitations has run, the debts are not legally enforceable against the Estate. And if legally enforceable claims have not been filed in the Estate action within the six month time period, they are not payable by the Estate. What you describe is an invitation to problems-- you may trigger a "novation," or affirmation of the old debts, and re-start the limitations period from the date you acknowledge the debts. I recall that you posted this same question weeks ago, and all answers suggested that you seek legal advice before screwing things up beyond all recognition. That advice remains valid, especially as you appear determined to do just that.Ask a similar question