What Is Money Borrowed That Must Be Paid Back?
Neither had documented the loans, even though family members knew about them. In this situation, it would make sense for estate lawyer to write to both parties to outline the money that they say they owe your mother’s estate, based on the documentation, and ask them to agree to repaying the money from their inheritance.
Do you have to pay off your mother’s creditors?
If, however, there isn’t enough money to pay off your mother’s creditors, you are not responsible for any unpaid balances—unless one of the above exceptions applies. Here is why. Most people die leaving not only valuable property, such as a home or car, but unpaid bills as well.
