My dad bought a car, and passed away soon after.He had notes and was paying them. He owned the car every bit of four months before he died. Do we give it back to the finance company? Is there insurance or something that kicks in and pays it off? Just what is it we must do?
What happens to the car after dad dies?
Try to find all the original paperwork from where he bought the car. Possibly get with the dealership if you cant find his copy. Then get with the finance company.
Sometimes at the time of sale they offer you insurance to pay off a loan in case you die or become disabled. This insurance is voluntary. If your father took the insurance, then the car is paid for. If not, well then i dont know what to tell you. Its the banks unless someone wants to pick up that monthly payment.
Im sorry for your loss, and i hope he took that insurance out.
What happens to the car after dad dies?
Call the finance place and tell them the situation and hopefully they%26#039;ll lead you in the right direction. I%26#039;m sure it isn%26#039;t the first time it%26#039;s happen and it probably won%26#039;t be the last either.
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