Q: How do I handle charged off and old debt. I am the administrator of my brothers intestate Estate.
The debt was consolidated but he stopped paying on them in September of 2018. Until I sell property there is no money. I’m unsure of how much there will be left over. It is 4 credit cards 2 have been charged off. I’m looking for
Card numbers.
A: As the administrator, you are required to give notice to the creditors. You can look through the decedent's mail to find any creditors. If the creditors file a creditor's claim, then you must either reject, accept, or partially accept the creditor's claim. You can wait for a court order of final distribution before paying most debts.
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