Legal Question in Credit and Debt Law in Wisconsin

Yes, an estate has the same rights to collect any just debt that the owner had when he was alive; no more and no less. This is not to say that it will necessarily do so, or that the "do it yourself" paperwork documenting the loan is enforceable in court. If you cannot afford to pay it or have other financial problems, however, the good news is that a bankruptcy attorney could probably assist you. Unless it is secured, your obligation might be totally dischargeable under your constitutional right to protect yourself through the United States Bankruptcy court.. My answer does not automatically make me your attorney, so you need to consult with your own attorney before acting upon any of my comments and may contact my office at 333 Main St, Racine, WI 53403, 262-633-3090, during business hours, or see me on the web at www.jayknixonlaw.com. Also see 25 years of my answers to consumer questions at http://www.lawguru.com/answers/atty_profile/view_attorney_profile/jknixonAttorney answers may contain advertising materials.