Legal Question in Wills and Trusts in Texas
Outstanding Loans
When a person dies and has an outstanding loan, what happens with the loan?
Asked on 1/08/07, 1:04 pm
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: Outstanding Loans
It becomes a debt of the decedent's estate.
Answered on 1/08/07, 2:19 pm