Legal Question in Credit and Debt Law in Canada
Quebec law on debt obligation
If the lender of a personal loan dies is the debt owed to his estate?
Asked on 5/20/09, 8:28 pm
1 Answer from Attorneys
Donald McLeod
Donald R. McLeod Law Corp.
Re: Quebec law on debt obligation
As this question was directed to a British Columbia law firm, it must be answered with reference to B.C. law. The answer is yes, in B.C. a debt owed to a deceased person s owed to his estate. The debtor can not escape payment because the person to whom the debt was owed died.
Answered on 5/24/09, 12:39 am