QUESTION
My father died without a will but with a car loan
Asked on Mar 01st, 2013 on Wills and Probate - New Jersey
More details to this question:
my father died without a will in new jersey. he had a car that he was still making payments on. The bank that holds the note told us if my siblings and I sign letters that we are not interested in buying the car, my daughter can buy the car from the bank without having to go through probate. My father did not have any debt. Is this true?
1 ANSWER
2 Awards
Do you want to buy the car? If you do - and the bank will allow you to do that without being the administrator of his estate then do that. If you do not want the car, then turn it back over to the place where it was purchased.
Answered on Mar 01st, 2013 at 4:44 PM
Diana L. Anderson, Certified Elder Law Attorney This response is not legal advice and does not establish any form of attorney/client relationship