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Peter M | My son died this week leaving debts of around £2000. He left no money.Who is responsible for settling? |
I cannot afford to pay it off. I think it is credit card but debt collectors are involved |
 |
 
Dark Fairy
 |
His estate will pay them. This means that anything he has left, TVs, Furniture, Car's etc will be sold to settle his debts. Most Credit Cards and loans have an insurance that covers them in the event of death, you should check this with them. They will need to see the Death Certificate, so to settle this matter quickly you should get several certified copies of it.
Even if he isn't covered by insurance, you will not be liable for his debts, it does mean though, that anything he left will be sold.
I am so sorry for your loss. |
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Yarx
 |
If he has left an estate (say a property) valued more than £2000 then his estate owes the money. Otherwise his creditors can only get as much as his estate is worth.
You are not liable for a penny. |
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ChocLover
 |
If the debts are in his name and he has no money to pay them then the debts die with him too.
Sorry for your loss. |
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jamand
|
Depends - if you stood as a guarantor for any cards or loans - you could be held accountable.
If not - the debt has died with him - all they will need to see is the death certificate as confirmation.
Don't let the debt collectors bully you into anything - they cannot force there way into your house and tak things.
I am sorry for your loss and hope that these people do not add to the stress and upset at this time.
If in doubt about callers to the house - just dial the police and get them round - but rest assured on a debt like this they have no right to enter your house or chase you for the payments. |
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SELB
|
No one is responsible for settling the debts. The debts are written off.
Send a recorded delivery letter stating that your son has died.
Alternatively return any of the deceased correspondence with a note saying they have died.
Unfortunately they will try and get the money from you. (This has happened to my friends and family.). Send them an abrupt letter stating the fact you have signed nothing.
N.B. The creditors pestered my sister for a washing machine my deceased mother had bought on hp. My sister said they were welcome to take the washing machine. They did not because of the potential negative publicity. (no company wants to be known for repossessing goods from a dead person).
see links below. |
|
time for a change
|
Sorry to hear of your loss. Speak to the debtors, obviously they will want a copy of death certificat, and also go to your local citizens advice they will be able to help you. I dont believe you will be liable to pay these debts but you need to make sure. |
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Liar Liar
|
They would wipe it off i think in death, unless somebody else signed any of the contracts to be the person responsible to pay if he is not able to |
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Total morons! With nothing 2 do.
|
If he gets a life insurance policy paid in his name then you have to pay through that. But it is his debt let them just put it on his credit. Show them the death certificate. You shouldn't be held liable for this. |
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carolinaz_most_wanted85
|
You are not responsible for paying his debts. I guess they'll take what they can from what he left behind. I'm sorry for your loss. |
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Yarcofin
|
If he's dead and it was all soley in his name, it's gone. Death wipes out things that even bankruptcy can't. |
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simplesimon
|
Sorry to hear that.
Simply speaking, your sons "estate" is responsible for settling all his debts, and obligations made under any will he left. As you said he "left no money" I assume there will be no way to pay any debts.
In which case, the debt collectors cannot do anything. Although, particualrly if you are now the executor, you will be responsible for contacting them and explaining the situation, and likely evidencing it as well. Make sure you keep records of all correspondence and certificates. Given the timescales, I don't think anyone would be expecting you to do this immediately though...
An exception to the above would be if it was a joint account, but I expect the debt collectors would be chasing the joint name. If it is joint then the other party will be liable for the total sum.
The only other exception to this is if someone (unlikely for a credit card) was a guarantor to his account. If this is you, you will have signed for this and likely had independent legal advice before doing so.
I reccommend you have a look at the links below, they offers some good advice and might be able to help sort out some of the more techical aspects - even give help paying for a funeral. |
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KATHLEEN S
 |
Again my sympathy for your loss regardless of the debts. £2000 is not really something to worry about in this case.I would say Jamand's answer is about what I would have said. |
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SpongeBob
 |
I am really sorry for your loss. The companies money was owed to should write the debt off out of compassion. Whenever you feel you can, write to all the debtors and ask the debt to be written off out of compassion. May your son rest in peace and God bless. |
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Northern Lad
|
If any of them are loans. Then the person who signed as his guaranteer will have to pay off the money (but it is all so complicated), it will need a good lawyer to sort it out.
Go to your local CAB http://www.nacab.org.uk/ |
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Capt Jack
 |
Ask the solicitor who proced the probate on his estate. |
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jenny flower
|
Im sorry i don't know the answer to your question, but i am so sorry for your loss. |
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shell
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sorry about your son. does he not have stuff you could give the debt collectors like his tv and stuff i think it would help. |
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