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What happens when your husband dies leaving an outstanding car loan?
Wiki User
∙ 11y ago
The lending institution can place a claim for payment against the estate.
Wiki User
∙ 11y ago
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What happens when your son dies leaving an outstanding car loan?
My sympathies to you and your family. If you, your husband or anyone else in the family didn't cosign for a loan for the car then the debt ends. If there was a cosigner then the cosigner is responsible for the debt. If your son was not a minor and took the loan out himself and he has left a Will or has anything of value this debt will be paid off or written off.
What happens to a home if you are not on the loan but on the title-deed and the person on the loan dies?
what happens if your husband dies and i am on deed,but not on loan.am i responsible for the loan and do i keep the house/
If my husband dies what happens to the house I'm not on the mortgage?
If your husband has a will then his property is distributed accordingly, if he not have a will then the distribution of property is determined by a probate court.
If your husband has a reverse mortgage and you are not 62 what happens to you with the house if he dies?
The answer is when he dies the reverse mortgage company will settle up the loan, so you will have to either sell the house or refinance with a new mortgage.
What happens to a bank CD when the owner dies?
Beneficiary.
What happens when your son dies leaving an outstanding car loan?
My sympathies to you and your family. If you, your husband or anyone else in the family didn't cosign for a loan for the car then the debt ends. If there was a cosigner then the cosigner is responsible for the debt. If your son was not a minor and took the loan out himself and he has left a Will or has anything of value this debt will be paid off or written off.
What happens to property in Spain if the husband dies?
The wife take it.
What happens if the princess' husband dies?
The princess' son will be the prince.
What happens if the vendor dies before settlement?
Outstanding legal issues are settled in probate court.
If your husband dies and his car is titled in his name does the wife get it automatically or what happens?
It depends what his will says. If he dies without a will then it depends on the laws of intestacy where you live. In most states it will have to go through probate. It may be sold during probate to pay for outstanding debts or to satisfy taxes.
When wife dies 23 days after husband she had no will but he did what happens?
the lawyers get rich
What happens to the first lady if her husband dies in office?
She will be crying and take over.
What happens to Mrs Mallard when she learns the truth about her husband?
She dies of a heart attack
What happens to a home if you are not on the loan but on the title-deed and the person on the loan dies?
what happens if your husband dies and i am on deed,but not on loan.am i responsible for the loan and do i keep the house/
If my husband dies what happens to the house I'm not on the mortgage?
If your husband has a will then his property is distributed accordingly, if he not have a will then the distribution of property is determined by a probate court.
What happens to the assets when my deceased husband's stepmom dies and he is a beneficiary in her will?
They will try to get the next of kin according to the will. I assume as your his husband that you should be the closest of kin
What is a wife called when husband dies?
A husband is called a WIDOWER when his wife dies.
