M
MULATTO
Guest
I am the creditor of an estate of a deceased in Edmonton, Alberta Canada. The deceased has been dead for over 2 years, the deceased had no will and letters of administration have not been applied for due to a possible pending litigation against the estate by a minor child survivor (not family of the deceased)
The deceased has a large amount of funds in his bank accounts so a right of offset was done on one of the bank accounts to pay out an outstanding debt at my branch. Suddenly Revenue Canada is coming forward and saying they are a priority creditor and the funds should be returned to the bank account for them. I was under the impression that Revenue Canada is no longer a secured creditor when it comes to estates and that they now have the same rights as regular creditors am I wrong?
The deceased has a large amount of funds in his bank accounts so a right of offset was done on one of the bank accounts to pay out an outstanding debt at my branch. Suddenly Revenue Canada is coming forward and saying they are a priority creditor and the funds should be returned to the bank account for them. I was under the impression that Revenue Canada is no longer a secured creditor when it comes to estates and that they now have the same rights as regular creditors am I wrong?