What is the name of your state (only U.S. law)?
A Florida corporation is operated by one man, Mr. C. His company is sued and the lawsuit names the company and Mr. C., individually and as a guarantor, as defendants.
During the lawsuit proceedings, Mr. C. was dropped as a defendant.
The company that Mr. C. owned was found liable for over $150,000.00 in damages by the court.
At the time the damages were awarded, the company could not pay the damages and the amount remains unpaid even now.
Mr. C. has recently died and his estate will have enough money (acquired from an inheritance from a family member of Mr. C.) to be able to afford to pay this debt.
(My hypothetical question: If Mr. C. was still living and could have afforded to pay off this debt from the inheritance he might have received, was he legally obligated to do so as a guarantor?)
My main question and my most important question is: Is Mr. C.'s estate obligated to pay off this debt?