Legal Question in Credit and Debt Law in Massachusetts
does a trust that is broke have to pay past due bills
Asked on 12/11/13, 10:44 am
1 Answer from Attorneys
Christopher Vaughn-Martel
Charles River Law Partners, LLC
I really hesitate to give an answer without any information in the question. The safest answer is that a legal debt must be paid. As a practice matter, however, you want to sit down with an attorney and explore the nature of the debt, trust assets, and the risks and benefits of failing to pay.
Answered on 12/12/13, 5:33 am
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