Legal Question in Credit and Debt Law in Virginia

Debts Incurred by a Parent Now Deceased

My father passed away leaving many debts, including hospital bills, bank loans, credit card bills. What should mysister and I do when these places come looking for their money? Neither of us can afford to pay off our father's debts.


Asked on 8/27/07, 7:57 am

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: Debts Incurred by a Parent Now Deceased

Neither you nor your sister is legally responsible for paying off your deceased father's debts. Whatever assets which are in his estate must be used to satisfy these creditors and if there are insufficient or no assets, then they don't get paid or only marginally so.

Read more
Answered on 8/27/07, 10:07 am


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Virginia