Benefits are reduced
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/
yes
Some institutes, if its a smaller loan will allow you to fax in a death ceterifercate.
bank takes back
If the loan is secured, then the collateral is returned to the bank. If the loan is unsecured, like a credit card, then the bank submits the balance to the estate of the deceased.
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/
yes
Every car obtained on loan definitely is an insured one.One gives loan on insurance basis only.
If a seller dies, a loan might still be owed by the family of the person that died. In some cases, the loan would be forgiven if the seller died or passed away.
If the co-signer dies the surviving borrower is responsible for paying the loan.
The other signer is responsible.
The other signatory on the loan is now fully responsible for the debt.
Some institutes, if its a smaller loan will allow you to fax in a death ceterifercate.
They probably bury her.
bank takes back
If the loan is secured, then the collateral is returned to the bank. If the loan is unsecured, like a credit card, then the bank submits the balance to the estate of the deceased.
If there are no assets in the estate the lender is out of luck as to having the loan paid off, however, it can repossess the automobile.