What happens if you owe money to someone and they die?

+1 vote
asked Mar 27, 2018 in Law & Legal by T Tome (360 points)
What happens if you owe money to someone and they die?

1 Answer

0 votes
answered Mar 27, 2018 by Christeen (70,120 points)
If the money you owe to the deceased person is a substantial amount then the deceased persons family or estate will likely contact you to make arrangements for paying of the money owed to the person.

If it's just a small amount such as $100.00 or so then likely they won't bother contacting you about it.

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