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Surplus Funds Q&A Series

Can a child support judgment be negotiated down or settled for less when it’s being collected from surplus funds? NC

Can a child support judgment be negotiated down or settled for less when it’s being collected from surplus funds? – NC Short Answer Sometimes, but not automatically. In North Carolina, a child-support arrears claim can reach foreclosure surplus funds if the arrears were turned into an enforceable lien or judgment that properly attaches to the…

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Probate Q&A Series

What happens if the receiving court rejects the probate filing because the copies are not properly exemplified? – NC

What happens if the receiving court rejects the probate filing because the copies are not properly exemplified? – NC Short Answer If the receiving court rejects a probate filing because the copies are not properly exemplified, the filing usually does not move forward until corrected copies are submitted. In North Carolina, courts and clerks generally…

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Probate Q&A Series

Can the personal representative sign the probate paperwork before the exemplified documents arrive, and what can be filed later? – NC

Can the personal representative sign the probate paperwork before the exemplified documents arrive, and what can be filed later? – NC Short Answer Usually, yes. In North Carolina, a personal representative can often sign the estate-opening or follow-up probate papers before exemplified copies from the original court arrive, but the receiving clerk generally cannot complete…

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Probate Q&A Series

What is a family settlement agreement in an estate matter? NC

What is a family settlement agreement in an estate matter? – NC Short Answer In North Carolina, a family settlement agreement is a written agreement used to resolve an estate dispute or clarify how heirs, devisees, or other interested parties will handle property, distributions, or administration issues without fully litigating the dispute. It often works…

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Probate Q&A Series

If the bank’s records show different closing dates or balances, how can the estate verify which information is correct? NC

If the bank’s records show different closing dates or balances, how can the estate verify which information is correct? – NC Short Answer In North Carolina, the estate usually verifies conflicting bank or credit-union records by having the duly qualified personal representative request the complete account history, payoff or charge-off records, and the underlying loan…

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Probate Q&A Series

How do I get complete loan statements from a credit union for a deceased person’s estate when the bank says no more statements were generated? – NC

How do I get complete loan statements from a credit union for a deceased person’s estate when the bank says no more statements were generated? – NC Short Answer In North Carolina, the estate’s personal representative usually has authority to request a deceased person’s loan records from a credit union if the records are reasonably…

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Probate Q&A Series

What records should an executor or estate representative ask for to confirm the payoff, closure date, or remaining balance on a personal loan? – NC

What records should an executor or estate representative ask for to confirm the payoff, closure date, or remaining balance on a personal loan? – NC Short Answer In North Carolina, an executor or other estate representative should ask for the full loan file needed to show the account’s status through its last available date. That…

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