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If a person dies and has a car loan can the family pay it off and a family member take possession if the vehicle?
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You do not note whether the person died with or without a Will. Most lenders will allow the executor of a Will or the administrator of an estate in which there is no Will to pay off the debt and take possession of the vehicle. However, some states have an order in which debts must be paid. Check with a local probate attorney, preferrably the one helping you settle the estate.
Answered on Nov 21st, 2019 at 5:16 AM
This is general information. It cannot substitute for a personal consultation with an attorney. It is not intended to be legal advice or imply an attorney-client relationship.