Legal Question in Credit and Debt Law in Philippines

Are the surviving children liable in paying the debt incurred by parents?


Asked on 6/03/11, 1:00 pm

1 Answer from Attorneys
VOLTAIRE T. DUANO VOLTAIRE T. DUANO LAW OFFICE

No. The one liable is the estate of the deceased parents. The creditors can sue the estate or initiate a claim in case there is a settlement of intestate estate of your parents.

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Answered on 6/11/11, 9:23 pm


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