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  • FIRST POST
    • binnie
    • By binnie 8th Jun 17, 4:53 PM
    • 961Posts
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    binnie
    Credit card and mother in law death
    • #1
    • 8th Jun 17, 4:53 PM
    Credit card and mother in law death 8th Jun 17 at 4:53 PM
    Hi, Wonder if anybody could help please.
    My mother in law has a credit card which was issued by Nat West got into debt and the debt went to Westcot July 2016 where she paid 1 a month.
    As she has now passed away on Sunday my sister in law rang them and they said it would now be passed to Royal bank of scotland, which has puzzled us to why.
    She offered to pay half of the money but they refused saying they wanted all of it.
    Mother in law has no savings and her house has to be cleared to put up for sale which make a long while to sell.
    Is there anything we can do to try and pay a lesser amount
    The amount is 6,600, They also has added on an extra payment to cover car breakdown etc which was 20 a month but sister in law noticed that back in 2009 and stopped it. Her mother already had insurances so was miss-sold
    Last edited by binnie; 08-06-2017 at 4:55 PM. Reason: need to add extra

Page 1
    • pvt
    • By pvt 8th Jun 17, 5:07 PM
    • 1,308 Posts
    • 1,053 Thanks
    pvt
    • #2
    • 8th Jun 17, 5:07 PM
    • #2
    • 8th Jun 17, 5:07 PM
    Did MiL have a will? Who is its executor? This would be a matter for them to deal with.


    Not sure why you feel the creditor would wish to settle for a lesser amount than that owed. Nor why your sister felt obliged to settle your MiL's debt.


    The correct procedure would be for the Executor of her will to wrap up all her affairs, including settling any debts, before any distribution to beneficiaries of any assets that are left.
    Optimists see a glass half full
    Pessimists see a glass half empty
    Engineers just see a glass twice the size it needed to be
    • binnie
    • By binnie 8th Jun 17, 5:42 PM
    • 961 Posts
    • 860 Thanks
    binnie
    • #3
    • 8th Jun 17, 5:42 PM
    • #3
    • 8th Jun 17, 5:42 PM
    Thanks for your help. Never done this before so didn't know the correct procedure.
    My sister in law was going to settle the debt but with her mothers money, she only had 3,500 in the bank so offered that.
    So we shall wait until the house is sold to pay it all off

    • Yorkshireman99
    • By Yorkshireman99 8th Jun 17, 5:53 PM
    • 2,463 Posts
    • 1,980 Thanks
    Yorkshireman99
    • #4
    • 8th Jun 17, 5:53 PM
    • #4
    • 8th Jun 17, 5:53 PM
    Thanks for your help. Never done this before so didn't know the correct procedure.
    My sister in law was going to settle the debt but with her mothers money, she only had 3,500 in the bank so offered that.
    So we shall wait until the house is sold to pay it all off
    Originally posted by binnie
    Don't be bullied into paying. You have no liability but if the is no will then the closest relative must apply for letters of administration to administer the estate. There is a separate forum for dealing with this.
    • jonesMUFCforever
    • By jonesMUFCforever 8th Jun 17, 7:59 PM
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    jonesMUFCforever
    • #5
    • 8th Jun 17, 7:59 PM
    • #5
    • 8th Jun 17, 7:59 PM
    First thing to be paid should be the funeral costs.
    There probably will not be much left over after that but any liabilities as at date of death have to be paid pro rata - you can't just decide to pay one and ignore any others.
    What goes around - comes around
    give lots and you will always receive lots
    • unforeseen
    • By unforeseen 8th Jun 17, 9:20 PM
    • 1,464 Posts
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    unforeseen
    • #6
    • 8th Jun 17, 9:20 PM
    • #6
    • 8th Jun 17, 9:20 PM
    First thing to be paid should be the funeral costs.
    There probably will not be much left over after that but any liabilities as at date of death have to be paid pro rata - you can't just decide to pay one and ignore any others.
    Originally posted by jonesMUFCforever
    There is still the house to be sold, so probably enough to fully clear all the debts once that happens
    • bris
    • By bris 8th Jun 17, 9:30 PM
    • 6,618 Posts
    • 5,644 Thanks
    bris
    • #7
    • 8th Jun 17, 9:30 PM
    • #7
    • 8th Jun 17, 9:30 PM
    The estate has to pay it, the house is part of the estate so there is no get out clause.


    The executer will also have to search for any other debtors if there is any before the estate can be settled. As already stated if there isn't enough money to pay everybody you don't just clear the CC, you pay them all pro rata.


    The executor needs to be very careful and precise as a bad decision can make them liable so get proper help if unsure.
    • Mojisola
    • By Mojisola 8th Jun 17, 9:30 PM
    • 27,602 Posts
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    Mojisola
    • #8
    • 8th Jun 17, 9:30 PM
    • #8
    • 8th Jun 17, 9:30 PM
    Thanks for your help. Never done this before so didn't know the correct procedure.
    Originally posted by binnie
    You'll get plenty of advice on the Deaths, Funerals & Probate Board.
    • Yorkshireman99
    • By Yorkshireman99 8th Jun 17, 10:58 PM
    • 2,463 Posts
    • 1,980 Thanks
    Yorkshireman99
    • #9
    • 8th Jun 17, 10:58 PM
    • #9
    • 8th Jun 17, 10:58 PM
    First thing to be paid should be the funeral costs.
    There probably will not be much left over after that but any liabilities as at date of death have to be paid pro rata - you can't just decide to pay one and ignore any others.
    Originally posted by jonesMUFCforever
    As there is a house to be sold then the creditors will just have to wait but they are likely to get paid in full.
    • agrinnall
    • By agrinnall 9th Jun 17, 11:29 AM
    • 17,666 Posts
    • 13,368 Thanks
    agrinnall
    My mother in law has a credit card which was issued by Nat West got into debt and the debt went to Westcot July 2016 where she paid 1 a month.
    As she has now passed away on Sunday my sister in law rang them and they said it would now be passed to Royal bank of scotland, which has puzzled us to why.
    Originally posted by binnie
    Because NatWest is one part of the wider Royal Bank of Scotland Group (and has been for over 15 years).
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