What happens if additional creditor claims arise after the property sale during the notice period?: North Carolina probate

What happens if additional creditor claims arise after the property sale during the notice period? – North Carolina Short Answer In North Carolina, any creditor claims that are timely presented before the creditor notice period closes must be paid from estate assets, including sale proceeds, in the statutory order of priority. If you sold the…

Would filing for bankruptcy help me delay the foreclosure sale of my inherited property?: North Carolina guidance for inherited homes in tax foreclosure

Would filing for bankruptcy help me delay the foreclosure sale of my inherited property? – North Carolina Short Answer Usually, no. In North Carolina, an estate cannot file bankruptcy, and an heir’s personal bankruptcy is an uncertain way to pause a county tax foreclosure. The more reliable path is to qualify as the estate’s personal…