Death and bankruptcy

May 20th, 2007 by Questions

If the estate of a deceased person files for bankruptcy will it ultimately be discharged.

Questions

One Response to “Death and bankruptcy”



, A licensed trustee said:

Maybe, but only if there is some reason to go to the time and expense of applying to the Court for the discharge.

Generally, the bankruptcy for a deceased person is treated like that of a corporation – unless there’s a reason to finish the procedure it won’t be.

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