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Answered 2006-12-28 01:34:59

You have two option Contact the executor of the estate and offer to take whatever inheretance you have partially as the equity of the vehicle, then AFTER or as part of the transaction, pay off the loan. Better option: talk to the bank. Explain the situation and tell them that you would like to buy the vehicle and want to get clear title in your name. The bank will need to reposess the vehicle then they can sell it to you. * Before any action can be taken concerning any property belonging to the deceased, all assets and debts must be ruled on by the probate court as to whether or not they are subject to being included in the estate. Once that has been done, the interested party may proceed with whatever action necessary concerning the vehicle, assuming that the lender is agreeable.

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