[WSBAPT] Creditor claim on debt not due

[Jeff at bellanddavispllc.com]

You could also try to compromise it with a discount for a cash payment.

 

Jeff

 

W. Jeff Davis

BELL & DAVIS PLLC

Attorneys at Law
P.O. Box 510

720 E. Washington Street, Suite 105
Sequim WA 98382
Phone: (360) 683.1129 
Fax: (360) 683.1258 
email: jeff at bellanddavispllc.com <mailto:jeff at bellanddavispllc.com> 
 <http://www.bellanddavispllc.com/> www.bellanddavispllc.com
 
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From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com>
On Behalf Of Eric Nelsen
Sent: Thursday, January 5, 2023 3:40 PM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Creditor claim on debt not due

 

Conceptual problem and I'm interested in everyone's thoughts on this. The
creditor claim process specifically includes debts owed by the decedent that
are "not yet due." RCW 11.40.070(1)(e)
<https://app.leg.wa.gov/RCW/default.aspx?cite=11.40&full=true#11.40.070> .

 

Say the decedent dies in 2023 owing $50,000 that is due in monthly
installments over the next ten years.

 

How does the PR get this handled and the estate closed in a timely fashion?

 

Does the answer change depending on whether the debt is secured or
unsecured? Assume an intestate estate so RCW 11.12.070
<https://app.leg.wa.gov/RCW/default.aspx?cite=11.12.070>  doesn't apply.

 

Sincerely,

 

Eric

 

Eric C. Nelsen

Sayre Law Offices, PLLC

1417 31st Ave South

Seattle WA 98144-3909

206-625-0092

eric at sayrelawoffices.com <mailto:eric at sayrelawoffices.com> 

 

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