Legal Question in Credit and Debt Law in Florida
What are the obligations of children regarding the debts of a deceased parent? Specifically, an 80-year-old woman dies with a $65,000 mortgage; the house is "under water" and the children allow it to go to foreclosure. None of the children had an interest in the house; there were essentially no other estate assets requiring probate, which was avoided. Can the bank sue the children to recover outstanding mortgage plus expenses?
Asked on 1/20/10, 5:26 pm
1 Answer from Attorneys
Lucreita Becude
Lucreita D. Becude, P.A.
The children are not responsible for the debts of the parents.
Answered on 1/25/10, 6:14 pm
Related Questions & Answers
-
If i have a debt with a credit cards Can they take my car ? Asked 1/20/10, 9:58 am in United States Florida Credit, Debt and Collections Law