Vermont Statutes
§ 1207 — Payment of claims
Vermont·Title 14 Title 14: Decedents' Estates and Fiduciary Relations·Ch. 66 Chapter 066: Settlement of Claims
(a)Upon the expiration of four months from the date of the first publication of the notice to creditors, the executor or administrator shall proceed to pay the claims allowed against the estate in the order of priority prescribed, after making provision for homestead, family, and support allowances, for claims already presented which have not yet been allowed or whose allowance has been appealed, and for unbarred claims which may yet be presented, including costs and expenses of administration. By petition to the court in a proceeding for the purpose, a claimant whose claim has been allowed but not paid as provided herein may secure an order directing the executor or administrator to pay the claim to the extent that funds of the estate are available for the payment.
(b)The executor or ad
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Nearby Sections
15
§ 1201
Notice to creditors§ 1202
Statutes of limitations§ 1205
Classification of claims§ 1206
Allowance of claims§ 1207
Payment of claims§ 1209
Secured claims§ 1211
Counterclaims§ 1213
Compromise of claims§ 1214
Encumbered assets