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Author Question: Creditor Y filed a claim against the estate and the personal representative denied the claim because ... (Read 129 times)

jparksx

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on: Aug 3, 2018
Creditor Y filed a claim against the estate and the personal representative denied the claim because the alleged debt was over twenty years old. On what basis was Creditor Y's claim most likely disallowed?
 
  a. Estate insolvency
  b. Presentation of the claim after the expiration date
  c. The claim is incorrect or invalid
  d. Statute of limitations

Question 2

Creditor Z filed a claim against the estate on 5/2/14 but claims were due no later than 4/15/14 . The personal representative disallowed Creditor Z's claim against the estate. What was the most likely reason that Creditor Z's claim was disallowed?
 
  a. Estate insolvency
  b. Presentation of the claim after the expiration date
  c. The claim is incorrect or invalid
  d. Statute of limitations


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eliasc0401

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Reply #1 on: Aug 3, 2018
Answer to Question 1

d

Answer to Question 2

b


jparksx

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Reply #2 on: Aug 3, 2018
Thanks


eliasc0401

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Reply #3 on: Aug 3, 2018
Welcome :)


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