Re: Claim Against Decedent's Estate - 1yr Statute of Limitation Run Out
so, has anybody received letters of administration?
unless you have been appointed administrator or executor, they have no obligation to speak with you at all since you have no authority to act on behalf of the estate.
Can't get answers from bank about who owns the debt. .
the trustees? What do the trustees have to do with an estate debt?
1) If collection lawyer bought the debt, can trustees negotiate a lower amount?
do you have a legal right to act on behalf of the estate?
2) can we dispute the debt (paying nothing at all)?
Is the trust liable for estate debts?
3) can trust(ees) be sued?
4) what's statute of limitation on creditors ability to collect debt?
on a living debtor, 4 years. On a deceased debtor, not sure but I believe the death tolls the time.
first, figure out who has authority to act on behalf of the estate. Then, through probate, pay the debts you have to and can pay. Tell the rest there is no more money.
5) what is our best course of action?
I am not an attorney and any advice is not to be construed as legal advice. You might even want to ignore my advice. Actually, there are plenty of real attorneys that you might want to ignore as well.