That depends on which party died. If the person who died is the one who signed the title over, then the vehicle belongs to the brother. If the brother who received the signed title is the one who died, then the vehicle belongs to his heirs or estate.
If the loan is not paid off at the time of the death, the vehicle belongs to the lienholder until the vehicle is paid off.
can a person drive a vehicle of a deceased person that is deliquent in payments
I believe you can sell it if you are the beneficiary, or if you inherited the vehicle.
Pay off the lien is the simplest way. That can be done by selling the vehicle. Hopefully it is worth more than the loan amount, so the estate will have additional assets.
You open an estate. That is the purpose for the estate, to transfer property and resolve the debts of the deceased.
Most states have a procedure for a spouse or child to change the title of a deceased spouse or parent's motor vehicle to the survivor. This does not change the loan, however, if there is one on the vehicle. You may have to refinance.
To obtain possession of a deceased person's vehicle without a title, you typically need to follow state laws regarding estate management. This often involves contacting the probate court to open an estate for the deceased and obtaining a legal document, such as a Letters of Administration or a court order, which may allow you to transfer the vehicle. Additionally, you may be required to provide proof of your relationship to the deceased and any relevant documentation regarding the vehicle. It's advisable to consult with a legal professional for guidance specific to your situation and jurisdiction.
no , unless she is a co - applicant
You pay the balance of the unpaid loan to the bank, request a release of title to the estate of the deceased person, purchase the vehicle from the estate for at least one dollar, do a transfer of title to your name, and register the vehicle.Anything less or different may result in the repossession of the vehicle.
lmao ive had it happen with my 18 year old brother real mature timmy lol and my brother has done it to many many people lol
Lori, im NOT sure about an answer. If you will post your state or email me, I will try to give you state specific advice. Naybe someone else will answer for you who already knows.
No, it is insurance fraud/ identity theft.