What happens if the estate is insolvent—do unsecured credit card debts still have to be paid, and in what order? – NC

What happens if the estate is insolvent—do unsecured credit card debts still have to be paid, and in what order? – North Carolina Short Answer In North Carolina, an insolvent estate does not pay unsecured credit card debt “first,” and it often does not pay it in full. The personal representative must pay higher-priority items…

What documents should I include to support a medical billing claim to an estate, such as proof of services, a death certificate, or account statements? NC

What documents should I include to support a medical billing claim to an estate, such as proof of services, a death certificate, or account statements? – North Carolina Short Answer In North Carolina, a medical provider (or an estate representative paying a medical bill as a creditor claim) should keep enough documentation to show (1)…

How do I obtain full transaction histories and closing statements for all accounts held by the decedent, including unusual accounts like a subscriber equity interest? NC

How do I obtain full transaction histories and closing statements for all accounts held by the decedent, including unusual accounts like a subscriber equity interest? – North Carolina Short Answer In North Carolina, a personal representative usually obtains full transaction histories and closing statements by sending a written records request to each financial institution or…