Can estate funds held by the clerk pay a deficiency judgment? | NC

About this video

Q: Can estate funds held by the clerk be applied toward a deficiency judgment? A: Usually, yes — but only if those funds are truly estate assets and the deficiency judgment is a valid estate obligation. Money does not stop being an estate asset just because the clerk is holding it. The big questions are whether the money belongs to the estate, whether the judgment was properly entered or…