Judgement-Texas

[Frankie]

A bank is threatening to file a judgement against my deceased Grandmother for about $500 for a loan taken out by someone that stole her credit. Obviously they are not aware she is deceased. We never reported the fraud because my Grandmother was in such poor health at the time and we knew she wouldn't need her credit. Was this a bad idea? There is quite a bit more on her bureau that is fraudelent and I wonder if this isn't reported will the beneficiaries to her estate be liable for all this debt? What will happen if we call the bank and tell them she is deceased? Will they drop it?
Thank you

[Debt Guy]

Q. We never reported the fraud because my Grandmother was in such poor health at the time and we knew she wouldn't need her credit. Was this a bad idea?

A. Yes.

Q. There is quite a bit more on her bureau that is fraudelent and I wonder if this isn't reported will the beneficiaries to her estate be liable for all this debt?

A. The heirs are not directly responsible. But, all her bills will be paid out of the estate before any distribution to heirs.

Q. What will happen if we call the bank and tell them she is deceased? Will they drop it?

A. Probably not. They will just file a claim against the estate.

This is probably going to be a mess. Your grandmother is the only person who could sign an affidavit that her identity was stolen. Likewise, she is the only person who can file a police report for the stolen identity.

Perhaps you should consult a local attorney?

[Frankie]

Thank you for that advice. It helps. You're right, we're going to need a lawyer. You think this sounds messy; I left out the fact that it was a family member that stole her credit. We're just going to have to make him accountable.thanks again, frankie