answersLogoWhite

0


Best Answer

Yes they can. When the person is deceased their estate goes to the Executor (male) or Executrix (female) and they make sure all personal/property taxes and creditors are paid off. You can go into any book store and get a "Probate Book" or even go on the internet and get the forms. Of course when you take the Probate forms in they almost always fail you the first time (cash cow method) but, be patient, the second time around you'll get through OK. It can take 8 months to a year for the Probate to go through. The Executor/Executrix can pay electric bills, phone bills, etc. (every monthly bill), but the bulk of the Estate has to go to probate. If the debt is worth more than the total Estate then the creditors are out of luck! Marcy

User Avatar

Wiki User

18y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can executors after collecting debts owed to estate to the best of their ability legally write off debts that individuals cannot pay back Ontario Canada?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is sociopath a reason for collecting disability?

No, as it does not affect the ability to work effectively to a degree that is significantly more than natural variation among healthy individuals.


How does collecting area affect the ability to see faint objects?

A larger collecting area allows more light to be gathered, which improves the ability to detect faint objects. This increased sensitivity results in better resolution and the ability to see objects that might otherwise be too dim to observe with smaller collecting areas.


How can you measure a individuals ability and intelligence?

IQ test!!!!!!!


What is used to describe the light gathering or light collecting ability of an optical fiber?

Numerical aperture is used to describe the light gathering or light collecting ability of an optical fiber. It is a dimensionless number that defines the cone angle of light that can be accepted by the fiber. A higher numerical aperture indicates a greater ability to collect light.


Do members of a species do not have the ability to produce new individuals?

yes


When a parent dies does the adult child who has been living in the parent's house for 9 years and is also one of two executors have any ability to limit access to the house to the other siblings?

It depends on who the home is willed to.


Who are impululsive individuals who lack the ability to examine their own motives?

extraverts


When it comes to crickets what does fitness mean?

an individuals ability to multiply its genes.


What happens when you get all Halo 2 skulls?

Nothing special, collecting the skulls activates there ability, after collecting them all, all the abilities are activated and you have more or less trouble with the game depending on your skill level. Nothing super.


What is a trait that improves an individuals ability to survive and produce is?

Adaptability is a trait that can improve an individual's ability to survive and produce offspring. This trait allows individuals to adjust to changing environments and circumstances, increasing their chances of successfully reproducing.


What are the advantages and disadvantages of a private company?

recognized formal structure limited ability ability to pay dividends in lieu of salary separation of personal and company assets continuity of business beyond the individuals


How long aerobic exercises performed?

they are performed by individuals strenght and ability to be able to exercise