Deceased Debt News

Collections & Recovery

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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FTC Clarifies Some Issues Surrounding Deceased Debt Collection

4 August 2009

Forte-Commissioned Study Details Ways Creditors can Transform their Deceased Debt Recovery Process

29 July 2009

Executive Changes: DCM Services Announces Promotions Among Top Management

17 February 2009

Deceased Debt Sales Study Finds Few Are Selling

3 February 2009

Executive Change: DeAnna Busby-Rast to DCM Services as VP, Business Development

21 October 2008