When a consumer passes away owing money, the debt is satisfied in the deceased debt collection or probate process. If the deceased leaves an estate that is valued above the debt, then creditors will typically be paid off. Secured debt is also usually satisfied. But the probate process can become very complicated based on where a consumer was living, where in the collection process certain accounts were at the time of death, and if debts exceed the value of the estate.
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Executive Change: Danielle Banner Promoted to Director at Estate Information Services
2 May 2011
FTC Panel 4: That Time My Mind Was Blown or Is Email Considered Mail?
28 April 2011
Debt Collection 2.0: Opening Remarks; "Take my wife, please!"
28 April 2011
Phillips & Cohen Associates Adds Military Screening to Special Sensitivity Monitor
15 March 2011
Executive Change: Paula Fox to Estate Information Services as Senior Director
15 March 2011
Using Probate to Improve Healthcare Recoveries
3 March 2011
FDCPA Section 805(b): Literal Interpretation is a Mistake in the Probate Process
31 January 2011
FTC Policy on Deceased Debt on the Right Track; Clarifies FDCPA
21 December 2010
Phillips & Cohen Associates Launches EstateSource with Authorized Party ID
15 December 2010
Planning Required to Reap Full Benefit of Proposed Estate Tax Deal
10 December 2010
Executive Change: Andrew Hall to Estate Information Services as Legal Compliance Officer
1 December 2010
FTC Extends Comment Period for Proposed Policy Statement Clarifying How to Collect Decedents' Debts
9 November 2010
Consumer Group Warns on New FTC Position on Deceased Debt Collection
4 November 2010
Executive Change: Aaron Schwartz to Estate Information Services as Biz Dev and Marketing Manager
21 October 2010
FTC Proposes New Policy Statement on Collecting Deceased Debt
5 October 2010
eBureau Boosts Offerings with Major Expansion of Consumer Data Assets
22 September 2010
Forte Launches Probate Finder OnDemand to Simplify Deceased Debt Collection
5 August 2010
Executive Change: Nick Cherry to Phillips & Cohen Associates (UK) as Site Director
10 March 2010
Executive Change: Phillips & Cohen Associates Hire New VP of Global Recovery Operations
21 January 2010
Estate Information Services, LLC Introduces Estate Locator
18 August 2009