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If a car is in the name of a deceased parent but the car continues to be paid for can it be repossessed?
Wiki User
∙ 12y ago
I wouldn't see why they want the money not the car.
AnswerProblem is, the loan is not in the survivng person's name. The lender would want to redo the loan in the new person's name before they held off the repo. If the new person can't get the loan, then the bank will have it repo'd.Wiki User
∙ 12y ago
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If your car has your mothers and your name on the title but she is deceased how does this affect you if it is repossessed?
Goes on your credit as a repossession.
How to remember a Deceased parent in the wedding?
You can remember a deceased parent in the wedding by putting their name in the program. You could also remember the parent when doing the father/daughter or son/mother dance.
What happens if you have a car that was hidden for 8 years out of state and the loan is in a deceased parent's name?
The estate of the deceased parent is responsible for the debt. The leinholder gets the car.
Can you keep utility bills in the name of a deceased spouse or parent?
You can, but its fraud.
What if deceased parent's home mortgage is more than the property can be sold for?
The bank will take possession of the property by foreclosure. If the mortgage is in the deceased parent's name it will not affect anyone's credit.
Can I get a tag sticker for a deceased parent car without the title to the car?
no not if it is not in your name
When real estate is in the name of the children of a deceased parent how can property be sold?
Only the guardian can sell, or the children when they are 18+.
How do you change the name on a deed from a deceased parent to my name in Scotland?
That is done through the probate process. The executor can make the change and issue a new deed.
Is it possible to receive an inheritance from a deceased parent from a fund that was not left in a will?
Yes. The fund may have been in your parent's name at death in a "Payable on Death" account where your parent named a beneficiary directly with the company or bank that held the funds.
Can you keep a car that your name is not on loan but was given to you by the deceased?
You need to have the title transferred to your own name and notify the loan company of the change in ownership. Then you will need to pay the balance of the loan or renegotiate the loan with the bank. If you don't pay the loan the car will be repossessed.
Is it illegal to keep utility service on in a deceased parents name?
It is illegal to keep utility services on in a deceased parent's name. You should contact the utility company to transfer the account into your name or close the account if necessary. Failure to do so could result in legal consequences.
Can a child's name take the place of a deceased parent's name on a house deed?
Not automatically. The estate has to go through probate, all taxes and debts paid and then if there is anything left, it can go to the inheritors.
