The executor of the estate can contest the debt. One of the things they must do is validate that all debts are accounted for and valid. Only then can they determine how to distribute what is left.
The estate has to pay all of them off if possible. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.
Any debt that does not have collateral property attached to it, (credit cards, personal loans, pay day loans, etc.).
Secured debts are real property (homes, business, vehicles, goods purchased on...
An unsecured debt, generally, is a debt that is not backed by collateral. For instance a car loan is secured by the security interest the lender has in the car. A credit card which is not backed by...
Yes. If you have proof that a decedent owed a debt you can file a claim against the estate. The period during which claims can be filed varies from state to state so you must be prompt in filing your...