Recently discovered that parent has a lot of debt - where do I stand?

Comms69

Paparika wrote: »

Stop being an !!!!, they are here asking for advise.

Google: does debt pass on after death uk.

Done. Takes longer to register here.

Sea_Shell

I'd also read up about insolvent estates and what not to do. You don't want to inadvertently "intermeddle" when the time comes.

Paparika

Comms69 wrote: »

Google: does debt pass on after death uk.

Done. Takes longer to register here.

Aren't you clever.

Best send email to Martin telling him his old forum is no longer needed because Comms69 says you should google. :mad:

MEM62

stanleyman wrote: »

My wife is very concerned about it, as she's getting worried that we'll end up having to sell our family home through no fault of our own.

You wife's concerns are unfounded. You cannot inherit the debt. If there is no money in the estate then the debt effectively dies with your dad.

Comms69

Paparika wrote: »

Aren't you clever.

Best send email to Martin telling him his old forum is no longer needed because Comms69 says you should google. :mad:

The forum can provide excellent advice on reasonably complex or even moral issues.


In any case, I shall ensure I message you every time I intend to post, to get you stamp of approval...

pollypenny

Comms69 wrote: »

Google: does debt pass on after death uk.

Done. Takes longer to register here.

I think the OP was also asking for any ideas to help his dad now, while he's alive, but clearly not coping.

He's not the only person who has worries about an older member of the family and has sought advice here. That's what the thread is for, isn't it? :cool:

Comms69

pollypenny wrote: »

I think the OP was also asking for any ideas to help his dad now, while he's alive, but clearly not coping.

He's not the only person who has worries about an older member of the family and has sought advice here. That's what the thread is for, isn't it? :cool:

And I made no comment on that Anyway, if that's the point of the thread let's stick to it

DrivingMissDaisy

I would suggest the OP get a spare room ready. Pretty soon dad is going to come to live with him and his family. If no spare room, suggest look at loft conversion.

Exodi

pollypenny wrote: »

I think the OP was also asking for any ideas to help his dad now, while he's alive, but clearly not coping.

The OP doesn't seem to ask this, they only seem interested in if they'll be OK?

I think "they won't be pursuing you for the debt" is all the OP wants to hear so I'd say this thread has reached its conclusion.

I'm confused about the anger at Comms, this is a relatively simple question and could have been answered in seconds by googling it? Would you be parading about if the OP was to ask for his local co-ops opening times? Or what day his birthday falls on this year?

jeanthelibraryqueen

The point made by Sea Shell about insolvent estates and "intermeddling" is a very good one - by trying to help you can end up becoming responsible for some of the debts. Sometimes the best thing to do (apart from give advice) is nothing - which is hard.