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Am I responsible for paying off my deceased husband's automobile loan?
Wiki User
∙ 14y ago
It depends. The simple answer is if you as the wife also signed the note, then you are also liable for the debt, if not then in most states you don't have to pay the loan. The debt becomes the debt of the dead man's estate, and the creditor would have to file a claim in the probate case if they wanted to receive money owed for the car. Since most creditors place a lien on cars subject to a loan, the bank or finance company will have a right to take possession of the car if the note is not paid. In other words, you either pay for the car or the lender is entitled to its return.
Wiki User
∙ 14y ago
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In Texas is the wife of a deceased husband responsible for the husbands debt?
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Are daughters responsible for deceased fathers bills?
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Are you responsible for paying the debt your deceased mother owes to the Department of Education?
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If someone was paying back unemployment insurance and is now deceased is anyone else responsible?
No, no one else is personally liable for it.
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