Debts

d4109125

Registered User
Mar 25, 2016
54
Hi all,

If a person has passed away with a debt are the executors responsible for it?
Sonia xx
When a person dies, the executors are responsible for distributing the estate, paying any debts and the funeral costs as a priority. If there is not enough money in the estate to cover the debts, the creditors need to be informed of this and the debt 'dies with the person'. Insofar as there was no guarantor for the debt and the debt wasn't for a joint account.