My question involves estate proceedings in the state of:West Virginia
My question involves an estate that is in probate. A total of 2 creditors have made a claim against the Estate for the amount of $60k. The Estate is valued at around 150k, including one house and two cars. My question is what happens when probate is over? Do the creditors acquire the estate? And can they sell it for only $60k to resolve just the debts they are owed?
Thank you
My question involves an estate that is in probate. A total of 2 creditors have made a claim against the Estate for the amount of $60k. The Estate is valued at around 150k, including one house and two cars. My question is what happens when probate is over? Do the creditors acquire the estate? And can they sell it for only $60k to resolve just the debts they are owed?
Thank you
Probate Court Procedure: Can a Creditor Sell an Estate for Less Than It is Worth
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