submitted by E. Garrett Gummer, III, Esquire, and Maureen L. Anderson, Esquire, www.GummerElderLaw.com
The last thing anyone wants after a death in the family is a call from debt collectors. It’s important to know what a person’s creditors can (and cannot) legally do, and how to protect yourself and your family from improper or deceptive practices.
Generally, after a person dies, their estate is responsible for paying any debts they may have left. Sometimes a decedent leaves more debts than assets. When this occurs, the estate is insolvent.
If this occurs, the creditor is out of luck and the debt goes unpaid.