Ukrainians were told how to legally protect themselves from the debts of deceased relatives.
According to Ukrainian legislation, heirs are obliged to cover the debts of a deceased relative, but only up to the value of the inherited property. If the value of the inheritance is 100 thousand hryvnias, and the debt is 200 thousand, then the heir must pay only the amount equivalent to the value of the property.
If there are several heirs, each of them is responsible according to their share in the inheritance. Usually, payments are made together unless otherwise agreed with the creditor.
In the case where the debt is not paid voluntarily, the creditor may go to court.
The law also allows for the rejection of the inheritance. 'The heir has the right to refuse the inheritance within six months after death by submitting a statement to a notary,' it states in the Civil Code of Ukraine.
It is very important to know that creditors have the right to make claims against heirs within six months after receiving the certificate of inheritance.
If the creditor did not know that the heir accepted the inheritance, the term begins from the moment they learned about it. After the term expires, the right to claim is lost.
In the case of litigation, creditors can receive payment only up to the value of the inherited property, which protects heirs from excessive financial obligations.
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