Iowa Code 633.115 – Compromise of claims against an estate
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Terms Used In Iowa Code 633.115
- Fiduciary: A trustee, executor, or administrator.
633.115 Compromise of claims against an estate.
When a claim against an estate has been filed, or suit thereon is pending, the creditor and the fiduciary may, if it appears for the best interests of the estate, subject to approval of the court, compromise the claim, whether it is due or not due, absolute or contingent, liquidated or unliquidated.
[C51, §1336; R60, §2368; C73, §2382; C97, §3318; C24, 27, 31, 35, 39, §11928; C46, 50, 54,
58, 62, §635.17; C66, 71, 73, 75, 77, 79, 81, §633.115]
When a claim against an estate has been filed, or suit thereon is pending, the creditor and the fiduciary may, if it appears for the best interests of the estate, subject to approval of the court, compromise the claim, whether it is due or not due, absolute or contingent, liquidated or unliquidated.
[C51, §1336; R60, §2368; C73, §2382; C97, §3318; C24, 27, 31, 35, 39, §11928; C46, 50, 54,
58, 62, §635.17; C66, 71, 73, 75, 77, 79, 81, §633.115]