Logic would tell me the person that is in charge of the dead person's estate. On the other hand it would be a real good idea to read the contract with the lease company first, sometimes when the lease contract is made their is an insurance policy built into it. You might also want to look at the dead person's auto insurance policy to see if there is anything about what happens when the owner of the policy passes away. Does the person who passed away-did they have a life insurance policy. It might be easier to hire a estate lawyer to do this, and to ask them all your questions.
If the married couple lived in a community property state at the time of the spouse's death, the surviving spouse may be responsible for the lease debt even if she was not an account holder. If the couple did not live in a community property state the creditor will be required to file a claim against the estate of the deceased to try to recover the debt.
The estate of the person who dies is responsible for paying off the debt.
No you are not responsible but if your step daughter does not pay the loan they can still repossess the vehicle.
If a co signer of a car dies, the other person on the contract is still responsible for payment. The person who is deceased is no longer responsible for repayment.?æ
The estate is responsible for debt. That is one of the reasons for opening probate.
It will come from the deceased person's estate.
Yes, even a bartender can be held responsible for inappropriate serving of alcohol.
The estate or co-debtors.
A person who inherits goods when someone dies.
A person who inherits goods when someone dies.
The person's estate pays for all outstanding debts.
Well not the dead guy.