lien holder dies, am I debt free?

by Guest » Sun Nov 06, 2011 12:10 am
Guest

My friend recently passed away. I was making payments on the auto loan to my friend who had signed my auto title as a lien holder.

What options exist for me?

Is my friends family entitled to the money that I owed my friend or am I free of debt?

Total Comments: 2

Posted: Sun Nov 06, 2011 05:18 am Post Subject:

You probably still owe his estate. Also, you would never be able to sell the vehicle without the estate signing off on the title anyway.

Posted: Sun Nov 06, 2011 03:06 pm Post Subject:

Tcope is right, you'll need to make payments to your dead friend's estate to get the title, only then you'll become the legal owner of the car.

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