The personal representative or trustee of a decedent’s estate is required to review, assess, and resolve any claims that creditors have against the estate as well as collect any debts owed to the decedent. If there are disputes regarding liability, specific amounts owed, availability of liability insurance, or counter claims, settling the estate can become complicated and delayed. The team at Barron, Rosenberg, Mayoras & Mayoras helps clients to resolve matters of debt in an estate.
Call (248) 494-4577 now for legal assistance with Troy estate and probate matters.
For advice on how to resolve debtor-creditor disputes in Michigan probate courts, look no further than BRMM’s commercial litigation attorneys.
Probate court jurisdiction has broadened since Michigan passed their probate code in 2000, meaning most debtor-creditor disputes can be litigated in either probate court or circuit court. Our team can help clients know which forum would be more advantageous for their particular case.
Personal representatives owe a fiduciary duty to heirs and devisees to protect the estate by liquidating its claims for the greatest value practicable under the circumstances and by making sure that the claims paid reflect genuine obligations in correct or properly compromised amounts. If you need advice about third-party claims against or in favor of a Michigan probate estate, contact BRMM today.
Call (248) 494-4577 now for a free consultation with BRMM.