Compromise with debtor

59-1714. Compromise with debtor. Whenever it appears for the best interests of the estate, the fiduciary may, on order of the court, effect a fair and reasonable compromise with any debtor or other obligor. History: L. 1939, ch. 180, § 144; July 1. Source or prior law: 22-532. CASE ANNOTATIONS 1. Cited as restricting common law power of an executor or administrator to compromise a debt owed an estate; prior approval of court is required. In re Estate of Stahl, 226 Kan. 48, 53, 596 P.2d 121.