Personal Finance
Money Management

Can you get a pink slip for a car left by a MIA person who still has a loan that was outstanding over a year ago without paying it off?


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Wiki User
2015-07-15 18:35:31
2015-07-15 18:35:31

IF you contact the lender that has the loan on it and IF the lender approves you to assume the loan.


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Risky business, I wouldn't do it.

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The person making the payments can make a claim against the estate. It may result in the non-paying sibling getting a greatly reduced share. It may even force the sale of the property, and the paying sibling can purchase it at Fair Market Value.

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