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Is the suriving spouse responsible for her husband's car loan if she is not on the loan?
I live in Illinois and when my spouse passed away 7/31/08 I was not responsible. I just called them showed them the death certificate and had them pick it up.
Does a spouse need to sign a loan modification if separated in GA?
If responsible for the loan- yes.If responsible for the loan- yes.If responsible for the loan- yes.If responsible for the loan- yes.
Is a cosigner's spouse responsible for the loan if he dies?
No you are not responsible but if your step daughter does not pay the loan they can still repossess the vehicle.
Are you responsible to pay remaining balance of car loan after spouse death even if your name was not on bank loan note and no estate was left?
No if you send a copy af the death certifact to the loan company they should should stop collecting on it .
Are spouses responsible for employee loans after their death?
In most cases a waiver has to be signed that states the spouse will not be responsible. This is especially true for credit cards. If you have signed a statement in contract that states in case of death... it depends on what it states; responsible or not responsible, again it is all in the fine print. There may be a waiver on a loan if the spouse had no knowledge of said loan if loan was signed into being prior to a wedding date.
In California is the surviving spouse responsible for deceased husbands auto loan?
The estate is responsible for the loan. If the spouse wants to keep the car, they may have to assume the loan, if the bank allows them to. Otherwise the vehicle may have to be sold.
Is the suriving spouse responsible for her husband's car loan if she is not on the loan?
I live in Illinois and when my spouse passed away 7/31/08 I was not responsible. I just called them showed them the death certificate and had them pick it up.
Does a spouse need to sign a loan modification if separated in GA?
If responsible for the loan- yes.If responsible for the loan- yes.If responsible for the loan- yes.If responsible for the loan- yes.
Is surviving wife responsible for deceased outstanding car loan in New York city?
In New York, a surviving spouse is generally not personally responsible for the deceased spouse's outstanding car loan unless they co-signed the loan. The responsibility for paying the loan typically falls to the deceased's estate. If the estate does not have sufficient assets to cover the loan, the lender may repossess the vehicle, but the surviving spouse would not be liable for the remaining debt. It's advisable for the surviving spouse to consult with a probate attorney for personalized guidance.
If you get married are you responsible for the loan your spouse cosigned for their sibling?
No.
Is a cosigner's spouse responsible for the loan if he dies?
No you are not responsible but if your step daughter does not pay the loan they can still repossess the vehicle.
If one spouse cosigns a loan is the other spouse responsible?
Yes, so be careful. You have to be sure that you will stay with your spouse.
Is the spouse named on the loan or the estate of the deceased spouse responsible for the debt of joint owned loans?
Yes.
Are you responsible to pay remaining balance of car loan after spouse death even if your name was not on bank loan note and no estate was left?
No if you send a copy af the death certifact to the loan company they should should stop collecting on it .
If spouse buys you a car can dealer come take car if he is not paying on the loan?
Yes a vehicle can be repossessed if the loan is not being paid on.
Are spouses responsible for employee loans after their death?
In most cases a waiver has to be signed that states the spouse will not be responsible. This is especially true for credit cards. If you have signed a statement in contract that states in case of death... it depends on what it states; responsible or not responsible, again it is all in the fine print. There may be a waiver on a loan if the spouse had no knowledge of said loan if loan was signed into being prior to a wedding date.
Who is responsible when your car is being repossessed in Pennsylvania?
The owner of the car (person(s)) who took the loan on the car are responsible
