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Article 34 – PAYMENT OF DEBTS OF DECEASED PERSONS

Martin George & Company > DAILY LEGAL LESSONS  > Article 34 – PAYMENT OF DEBTS OF DECEASED PERSONS

Article 34 – PAYMENT OF DEBTS OF DECEASED PERSONS

By: Ashelle Edwards

This lesson provides information on:

  • Ascertaining the Assets and Liabilities
  • Solvency or Insolvency of the Estate
    • Insolvent Estates
      • Agreement between the LPR and Creditors
      • Administration under Direction of the Court
      • Administration Under the Bankruptcy and Insolvency Act Ch 9:70
  • Order of Payment of Debts
    • Funeral, Testamentary and Administration Expenses
    • Secured Creditor/Secured Debt
    • Preferred Debt
    • Ordinary Debt
    • Deferred Debt
      • Solvent Estates- Intestacy
      • Solvent Estates- Testate

Article-34-Payment-of-Debts-of-Deceased-Persons

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