Court filings are just one aspect of the Probate Process.
Negotiation and settlement of the Deceased’s Debts is often an overlooked but nevertheless an important component of the overall estate settlement process.
The Law Office of Ryan S. McBride will work to initiate contact with all the creditors of your deceased loved one to close their accounts, resolve debts if applicable, and in some cases negotiate reductions for consumer debt amounts on behalf of the estate (contingency fees for debt negotiation services may apply). It is very important to remember that heirs are NOT personally responsible for the debts of their deceased family members. The liability of any heir is limited to the value of the assets inherited.
It’s important for heirs to know that debt collectors will try to convince them otherwise. DO NOT fall prey to their tactics.
Always seek legal counsel first before paying any of your deceased loved one’s credit card bills.
If you have any questions or concerns about the settlement of estate debt for your loved one, please contact the Law Office of Ryan S. McBride for a free consultation.
Whether you are seeking information or you’re a current client, we are here to help you with your estate debt needs.
Contact us at 504-265-1705 today or fill out our online form.