estate

daylad

my mother passed away in May, she left no estate, had no savings etc, she had i think approx £400 in her bank acc but had a M & S chargecard which had £1200 on it and a small loan of £140, when her bank acc is closed who gets first dibs on the money, M & S or loan company?

TonyMMM

£400 before or after funeral costs ?

Assuming no debts were secured, then any savings would go towards funeral expenses first, then anything left over is split between creditors in proportion of the debt.

So

daylad

she had a £1800 funeral plan, so i had to pay £1200 for funeral

lisyloo

Her funeral gets first dibs I.e. you can take the £400 to reimburse the £1200 you spent.
Tell M&S and the loan company that there is no money left.

They may send a few letters to put pressure on but just tell them there is no money.

badger09

daylad wrote: »

my mother passed away in May, she left no estate, had no savings etc, she had i think approx £400 in her bank acc but had a M & S chargecard which had £1200 on it and a small loan of £140, when her bank acc is closed who gets first dibs on the money, M & S or loan company?

Sorry for your loss.

If your mum died in May, why isn't her bank account already closed? Was her bank informed of her death at the time?

daylad

yes it is closed, i sent death certificate a few days after her death, but everything seems to take so long

Flugelhorn

Lisyloo is right - the funeral has to be paid for and although it sounds like you will be out of pocket anyway, the £400 should go towards it.

Keep_pedalling

You should inform both M&S and the loan company that your mother has died, that estate is insolvent with no assets after funeral costs and that neither you or anyone else is administering the estate.

As you paid the shortfall in funeral costs you are entitled to the money in her bank account.

badger09

daylad wrote: »

yes it is closed, i sent death certificate a few days after her death, but everything seems to take so long

Do you mean you notified the bank in May but your mum's account has only just been closed?

What do mean by 'everything seems to take so long'?