District of Columbia Compromise of Creditor's Claim against Estate by Payment of Cash and Conveying of Real Property

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Generally speaking, any creditors of a decedent at the time of his death can file a claim against the decedent's estate. The executor of the estate has a duty to pay any creditors that make a legitimate claim against the estate before distributing assets to the decedent's heirs. The process the estate goes through probate and how creditors are allowed to file claims is governed by state law.

This form is a settlement of certain claims against the estate.

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FAQ

Definition: Creditor Claims A creditor claim is a legal claim filed against an estate by a creditor to whom a decedent owed an obligation. A creditor who fails to bring a creditor claim within the time period specified by statute will lose the right to recover on the decedent's obligation.

Creditor's claim (sometimes referred to as a proof of claim) is a filing with a bankruptcy or probate court to establish a debt owed to that individual or organization.

RCW 11.40. 140 provides for strict provisions if you are a creditor of Decedent and wish to present a Creditor's Claim against the estate yourself: You must prepare, file, and serve a written Creditor's Claim, and. You must set a noticed hearing and have the Court determine whether your claim should be allowed.

(a) Publication. ? A foreign personal representative of a decedent who owned any property located in the District of Columbia shall publish once a week for 3 successive weeks a notice in a newspaper of general circulation in the District of Columbia and any other publication as the Court may provide by Rule.

A claim against an estate is a written request for the estate to pay money that the decedent owed.

The later of: 4 months from date of first publication of Probate Notice to Creditors, or. 30 days from date of mailing of actual notice.

Share of spouse or domestic partner. (5) One-half of any balance of the intestate estate, if one or more of the decedent's surviving descendants are not descendants of the surviving spouse or surviving domestic partner.

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District of Columbia Compromise of Creditor's Claim against Estate by Payment of Cash and Conveying of Real Property