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I have an aunt that died without a will and with a large amount of credit card debt. She lived in Illinois before her death. Before she passed away, I physically took care of her and paid a large amount of her final expenses (food, medicine, some funeral expenses, etc). I kept all the receipts and the amount of money I spent is very large.

Her property is going to be sold and I'm worried about how the money gets split up to her debt-holders. Does a court just divide your portion of the debt by the total debt and give you that percentage of the actual remaining money or do they tackle the debt-holders in an order where they settle debt A first, then debt B, then C, etc. where the final debt holders may not be paid if the money runs out?

Alex B
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mj_
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1 Answers1

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You have asked this question but provide very little information. As others have stated, what country are you in? Was there a will or any other agreement?

Basically any estate will go to the beneficiaries once all debtors have been paid off. How this is done will largely depend on which country/state/region you are in and what documentation was in place at the time of death.

You might want to check out this website for details on passing away without a will: http://www.nolo.com/legal-encyclopedia/how-estate-settled-if-theres-32442.html