answersLogoWhite

0


Best Answer

If the debt is evidenced in writing it is the obligation of the executor to collect the debt owed to the estate.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What happens when a person dies and is owed money by a relative?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What happens to a Joint checking account is formed one person dies does the other have the right to that money?

yes they do


What happens when a person drowns?

the person dies


What happens if part of the heart dies but the person doesn't?

When the heart dies the person is dead.


What happens when a person dies and is owed money by a friend. Is the debt written off?

The debt moves to his closest family member.


What happens to Darren shan?

He dies, becomes a little person, and dies again.


What happens to the body after a person dies?

Like all living things, the body corrupts when it dies.


When a person has dies that loaned money to a private party what happens?

Technically, the private party would then owe the money to the deceased person's estate. "What happens" at that point depends on the details, but the executor would be well within his or her rights (and would probably be legally obligated) to insist on the repayment of the loan.


What happens if you cosign a loan and the other person dies?

yes


What happens if a person has too much radiation?

he glows. And then dies.


What happens to harvest moon ds after your person dies?

Your character will not die.


What happens next on Pretty Little Liars?

someone dies and they have a funral for that person...


If a beneficiary of a life insurance policy dies before the insured what happens to the money once the insured dies?

Goes to the beneficiaries heir's or estate.