Legal Question in Credit and Debt Law in California
Debt inheritance
If my father owes a lot of money to creditors (including a
hospital for past services), am I responsible for his
debt as his adult child.
Asked on 12/02/03, 6:06 pm
2 Answers from Attorneys
Ken Koenen
Koenen & Tokunaga, P.C.
Re: Debt inheritance
No, but his estate is (if he owned anything).
Answered on 12/02/03, 6:37 pm
Robert Mccoy
Law Office Of Robert McCoy
Re: Debt inheritance
No, unless you are a co-signer. Also, his creditors will be first in line to collect any money available, ahead of you, when your father passes away.
Answered on 12/02/03, 9:15 pm