Identify all known bills and debts
When taking control of your loved one's finances, you will need to find out who they owed money to. The best place to look is their mail. Inspect bank and credit card statements and make note of any recurring payments and determine if any will need to be paid and/or canceled.
Common types of bills and debts:
Creditors may attempt to intimidate you into paying Courtney's debts before probate has begun, however, these calls are illegal. Inform these creditors that their claim will be dealt with in probate.
Common types of bills and debts:
- Utilities
- Mortgages / Rent
- Car loans
- Insurance
- Credit card debt
- Medical expenses
- Taxes
- Student loans