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Prolly is BUT it depends on the lenders attitude as to what will happen. Best thing to do is contact the lender about getting the loan in your name. lot of variables here.

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โˆ™ 2015-07-16 18:11:58
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Q: Is it fraud if someone continues to make car payments when the borrower is deceased and the loan company is not aware of his death?
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Related Questions

Can the lending company sue the cosigner on an auto loan if borrower doesn't make payments?

Of course. That's what co-signers are agreeing to when they co-sign.


My husband died a year ago. Can the finance company repossessed my deceased husband's vehicle although I have been making timely monthly payments?

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Can the mortgage company at any time take your home away if you are still making payments after bankruptcy?

Ususually in BK a house is either voluntarily surrendered, because it is not possible for the borrower(s) to keep up payments.. Or the buyer reaffirms the loan with the lender and works out a plan to repay missed payments. If your mortgage payments are current, I see no reason why the lender would seek foreclosure.


What happens to a home loan if the borrower dies?

It depends on the policies of that company. The terms and conditions on which the borrower agreed when taking loan.


If someone with poor credit bought a car with a relative as cosigner and the cosigner dies can the loan company call the loan or repossess the car if the other person continues to make payments?

In most cases the co-signer is in fact the borrower. I would think as long as you make the payments on time the lender will be o.k. with it, they usually want the money not the collateral back. I would read the finance contract(yes all the small print) there should be something stipulating the conditions for "due on demand". Hope thishelps.


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How can you find if a deceased person owned stock in a company?

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If the borrower cannot make the payments but the cosigner does can the mortgage company still take the house?

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Can you sue your mortgage company in your state or do you have to sue in the state they are HQ'd in?

I LIVE IN LOUISIANA, MY MORTGAGE COMPANY GAVE ME THREE MONTHS DEFERRED PAYMENTS. NOW THEY ARE TRYING TO FORCLOSE ON MY HOME FOR THE DEFERRED PAYMENTS. I WAS SENDING PAYMENTS AFTER 2 MONTHS THEY REFUSE MY PAYMENTS BECAUSE THEY WANTED THE 2 MONTHS THAT WAS DEFERRED. CAN I SUE THAT COMPANY IN MY STate? desperate


Is it legal to continue to pull preauthorized payments after the death of the payer?

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Preferred stock and bonds are similar because?

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What if the leasee of a leased vehicle dies?

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How do you find a deceased fathers life insurance company?

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What kind of payments do you have to make on car loans?

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When a home in Virginia is inherited and sold and the title company misses a judgment of the deceased who is responsible the title company the heirs or the executor?

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How do you right a letter about late payments to a loan company?

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