A four month window, a required notice, and a claim that has to be allowed or rejected in writing.
Creditors have four months from the issue of letters to file a claim. The representative has to give notice to those who are known, and has to allow or reject each claim rather than ignore it.
Rejecting a claim starts a clock of its own. Getting this wrong is one of the more common reasons an estate stays open longer than it needs to.
What this involves
- Notice to known creditors
- Allowance or rejection of a claim
- Late claims and when they can be entertained
- Debts of the decedent against debts of the estate
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Also in probate
Who does this work
