Creditors Claim against Estate of a Protected Person - Arizona: This form states that a particular individual, or company, has a claim against an estate. It further states that he/she seeks to have the claim paid from the estate's earnings. It is available for download in both Word and Rich Text formats.
A creditor's claim against the estate of a protected person refers to a legal action taken by individuals or entities that have outstanding debts or financial obligations owed by the deceased person. In Mesa, Arizona, the claim is filed within the context of a probate proceeding, where the assets of the deceased person are distributed to the rightful beneficiaries or used to settle outstanding debts. There are several types of creditor's claims that can be made against the estate of a protected person in Mesa, Arizona. Some of the most common ones include: 1. Secured creditor's claim: A secured creditor is someone who holds a specific asset, such as a mortgage, car loan, or any other loan that is backed by collateral. If the protected person had any secured debts, the creditor would have a claim against the estate to recover the outstanding balance in the event of default. 2. Unsecured creditor's claim: An unsecured creditor's claim refers to debts that are not backed by any specific collateral. Common examples include credit card debt, medical bills, personal loans, or any other type of debt where the lender doesn't hold a specific asset as collateral. Unsecured creditors file a claim against the estate to seek repayment from the assets left behind by the protected person. 3. Government claims: If the protected person owed back taxes or any other outstanding debts to government entities, such as unpaid child support or property taxes, government agencies can file a claim against the estate to collect these unpaid amounts. 4. Funeral expenses claim: Funeral homes and service providers can file a claim against the estate for the costs associated with providing funeral and burial services for the protected person. These claims take priority over other unsecured claims in the probate process. 5. Legal fees claim: If the protected person had outstanding legal fees owed to attorneys, law firms, or any other legal service providers, these parties may file a claim against the estate to recover their fees. It's important to note that the probate court oversees the creditor's claims process in Mesa, Arizona. Creditors must follow specific procedures and deadlines to file their claims, and the court will review and evaluate each claim to determine its validity and priority. Once the assets of the estate are identified and evaluated, the court will ensure the proper distribution of funds to settle the claims against the estate of the protected person.
