When a claim against the estate has been filed or suit thereon is pending, the creditor and personal representative, if it appears for the best interest of the estate, may compromise the claim, whether due or not due, absolute or contingent, liquidated or unliquidated.
Mo. Rev. Stat. § 473.427
Compromise of claims against estate
Effective: 28 Aug 1980; (L. 1955 p. 385 § 159, A.L. 1980 S.B. 637)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.