Deceased Debts

angelus214

Hi all,
Not sure if this is the right forum or not. My question is do the deceased debts die with them.

My grandad bought a sofa on credit and had about £300.00 left when he passed now the company is hassleing my mother for this money.

A punctual response would be most appreciated.

thanks

hypno06

angelus214 wrote: »

Hi all,
Not sure if this is the right forum or not. My question is do the deceased debts die with them.

My grandad bought a sofa on credit and had about £300.00 left when he passed now the company is hassleing my mother for this money.

A punctual response would be most appreciated.

thanks

If he had no insurance to cover the debt and the estate is solvent then they are, I believe, well within their rights to claim the outstanding balance from the executors.

However, when my dad died a couple of years ago, some of his debtors asked for the money, some wrote it off without insurance, as a goodwill gesture. It may just depend on who deals with it at the other end and how "nice" they are feeling.

Good luck, but expect that it needs to be paid.

Swishter

Quitye right, they can lay a claim to the estate of there was one, if no money or assets were left then the debt dies too. The CAB can help if you have any problems with the company hassling you.

Swish

angelus214

the estate is insolvent as he had no life insurance. does that make a difference?

Thanks

Skint_Catt

As above - debt can't be 'inherited' as such - so no if nothing was left when he died you need to tell the company this.