Posts tagged as:

probate

Relatives rarely, if ever, have to pay a deceased relative’s debts

March 4, 2009

According to the New York Times, when debt collectors call up grieving relatives of the deceased, those relatives often have no obligation to pay the debt. So when do relatives have a responsibility to pay the debts of the dearly departed?
Since I represent the living, I asked someone who deals with the dead (or, rather, [...]

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Debt collectors love the debts of the dead

March 4, 2009

Debt collectors love the dead. In Minneapolis, DCM Services (that’s “Deceased Collection Management”) specializes in shaking down grieving relatives for cash. Those relatives usually have no obligation to pay, but they often do, just to stop the collector from calling.
“Dead people are the newest frontier in debt collecting, and one of the healthiest parts of [...]

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