The probate court having jurisdiction of the estate may authorize any executor or administrator to compromise or sell any bad or doubtful claim due the estate, on the written application of the executor or administrator, verified by his affidavit, and stating the facts, supported by evidence satisfactory to the court, that such claim is bad or doubtful, and that a compromise or sale thereof will promote the interests of the estate.
Structure Code of Alabama
Title 43 - Wills and Decedents' Estates.
Chapter 2 - Administration of Estates.
Article 15 - Claims and Debts.
Division 3 - Sale, Compromise, and Settlement.
Section 43-2-390 - Authorization to Compromise or Sell Claims.
Section 43-2-391 - Notice and Hearing.
Section 43-2-393 - When Executor or Administrator May Give Note, etc., to Extend or Settle Debt.
Section 43-2-394 - Compounding With and Discharge of Debtor.