Imagine the situation – you are a thrifty and economical man all your life, you avoid loans and credits, you don’t live beyond your means. You try to convert every zloty twice, and in crisis situations you use the money set aside for a rainy day.
And here you suddenly find out that a close or distant person from your family who no longer has left a legacy in the form of debts that you are now forced to pay. How to get out of this situation? Can I borrow money from the bank or from the Lender?
An unpleasant surprise
There are two such situations when we learn about the debts of someone in the family. One of them we can predict if this person is particularly close to us and we have contact with him every day and we know whether he takes loans or not. The second situation is when we only have blood ties with my uncle, aunt and cousin, and we learn about debts upon his death.
We inherit the inheritance not only from our immediate family members, such as grandparents or parents, but also from the furthest cousins in the line. That is why such an inherited debt is usually a great surprise for us and an unpleasant surprise. Like this, we haven’t had contact with our cousin for several decades, until suddenly we’re here to pay her debts ?! Many people deny this thought and claim that it does not concern them, which, unfortunately, as a consequence of inaction (submitting an appropriate declaration in the form of a notarial deed), leads to inheritance of debts.
What does debt inheritance look like?
Debts are a part of the inheritance that we receive from people who are members of our family. Inheritance can be both assets such as flat or cash as well as liabilities and liabilities of the deceased. Unfortunately, it is not possible to accept part of the inheritance, e.g. a home, and reject the debts themselves, e.g. unpaid loans and interest.
The condition for the inheritance of the inheritance is our blood ties, so if we are married, the inheritance is only inherited by one of the parties, the wife or husband whose family the deceased debtor is from.
Each of the family members of the deceased debtor receives equal time from the moment of receiving information about his order in the inheritance of inheritance to make a statement to a notary public, which is an indisputable document for excluding him from inheritance.
Acceptance or rejection of inheritance, including debts
The heir always has two, any options – he can accept the estate in its entirety (simple acceptance or acceptance with the benefit of inventory) or reject it altogether. To do this, the Heir must make a statement regarding acceptance or rejection of the estate, including debts, within six months of the day on which he learned his appointment.
Most often this date is calculated from the date when the Heir received information (also verbal) about the death of the Testator. The lack of such a statement within a specified period is automatically considered an acceptance of the inheritance with the benefit of inventory, i.e. also with debts to be repaid.