Dying with debt

Mermaid89

Hi all,

After some advice. Unfortunately my grandfather passed away last week. He had debts of approx £20k. From what I can it was a fairly even split between the following:

*Cabot - Originally Barclaycard
*Lowell (Unsure of original creditor but I know we received a notice of assignment to say Lowell are now the owners)
*AA Personal finance (under-written by Bank of Scotland)
*Arvato - Unsure of original creditor, letters are at home

I have emailed them all with a copy of the death certificate, and went into a Halifax branch yesterday to deal with the AA Personal finance loan. All they did was certify his documentation and sent it to the bereavement team.

A little but of background: All debts are unsecured, there is no will, there are no assets. The house he lived was not in his name, his vehicle was DLA and his income was state pension.

My grandmother is bereaved and therefore wants to avoid these creditors where possible. Luckily the Halifax recognized this when I went to see them and we're happy to help. What happens now? Nobody can offer repayment, there is no estate. Any standing order and direct debits have been cancelled.

Many thanks

antrobus

Insolvent estates.
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[Deleted User]

If the estate is truly insolvent, the executor(s) should inform them of this.

The debts don't pass to your grandmother.

Mermaid89

OK thank you. I imagine the executor is my grandmother by default?

EDIT: I realize there would be no executor as there is no will, apologies

bonfire1966

I’ve recently been though similar. At first it’s a little scary. My deceased owed over £200000!! Staggering amount.
No will. I simply sent his death cert. to each creditor and advised that there was no money to pay debts. All excepted with no issues.
Sorry for your loss

fatbelly

As long as none of these debts were joint with your grandmother (it sounds like they weren't) that's the end of them. You just do as bonfire advises.

Mermaid89

Thanks all. No, no joint debts - he paid all joint debts in full last year to avoid anything being passed to my gran.

Just_Di

bonfire1966 wrote: »

My deceased owed over £200000!! Staggering amount.
No will. I simply sent his death cert. to each creditor and advised that there was no money to pay debts. All excepted with no issues.

That's good to hear.

Consumers don't always realize that even if the deceased is solvent that doesn't mean the estate has to pay their debts if any of those debts are 'unenforceable' in law.

I always suggest that each creditor is sent a s 77-79 CCA Request if they chase aggressively. If a debt is 'unenforceable' in life, it's also 'unenforceable' in the afterlife.

Di