Refinancing an auto loan after a death ?

3 Responses

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1. Landlord says

   The debt has to be paid back from the estate before you can take possession. As your sister has passed away all of her debts have to be paid off through her assets.

   March 29, 2010, 12:07 pm
2. src50 says

   Are you the designated heir inheriting the car? The title will have to be transferred from her estate to you first.

   March 29, 2010, 12:07 pm
3. ibu guru says

   This is a matter of your sister’s will and the probate process. You cannot just keep her car because you want it. Her loan is due on her death, and her estate should pay off the note. Then if you have been left the car, you get it free & clear. If your share of your sister’s estate does not specify the car, but is sufficient to cover the value of the car, then negotiate with the other heirs to take your share as the car, and leave all else to the remaining heirs.

   If you have any questions, direct them to the attorney probating your sister’s estate.

   You cannot just take the car and refi!

   March 29, 2010, 12:07 pm

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