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Transcription:
00:00:03 when someone dies their creditors fall into two categories those you know about those you don’t someone you know about will be someone who has a lean on property some mortgage holders you know about them but I have a separate video on how to handle those claims if you have a creditor you know about who’s unsecured like a credit card what you want to do is send them a notice and have them make a claim that then allows you to dispute the claim or simply decide to pay it if there’s plenty of money in the estate
00:00:36 and you’ve gotten a credit card bill you know there’s not going to be a problem typically what I tell people to do is skip the form just pay it off send them a death certificate if they ask for it but let them know the person has passed and close the account for unknown creditors what you need to do is publish in a local newspaper it’s a bit of a nuisance to do I have never in 40 years of practice had an known creditor show up in response to a publication in a newspaper but you still want to do it it
00:01:07 cuts off claims so they can’t show up a while later and say you didn’t tell me now I can still make a claim you can get the State closed faster that way