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Is surviving spouse responsible for auto loan of deceased spouse?
Wiki User
∙ 12y ago
This is not legal advice and should not be considered as such. Laws vary considerably from state to state and country to country, so consult with an attorney (many attorneys offer free consultations) who is legally entitled to practice in your area.
That said, generally:
Usually not. Most auto loans require an attached life insurance policy. The life insurance policy attached to it should have paid the auto loan balance immediately and paid any remaing insurance (usually none) to the listed next of kin.
If their was no life insurance attached to the loan, then probably yes, the surviving spouse and/or estate of the deceased might be held responsible for the loan.
Wiki User
∙ 12y ago
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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.
If your husband recently passed but you had voluntary repossession of his vehicle which was picked up this morning and the title and financing were in his name would you be responsible as his wife?
You should consult an attorney for the correct answer, but, my experience would indicate that you would not be responsible if you did not sign on the contract at the time the auto was purchased. * If the married couple did not live in a community property state, the debt belongs solely to the deceased and becomes a part of the probate procedure the surviving spouse would not be responsible.
Can a spouse be held responsible if you default on an auto loan even if your spouse's name is not any of the paperwork?
It depends on the laws in your jurisdiction. In some jurisdictions, no.
Who is responsible for your auto lease contract after you die?
The vehicle will be returned to the leasing agency and the leasor will need to file a claim against the estate for any deficiency in the contract. This type of claim is considered a "low priority" claim.Family members are NOT responsible for the lease, or any debts of the deceased unless they are a joint debtor, or in some situations there is a surviving spouse and the couple resided in a community property state at the time of death.
If your name and your deceased spouse name is on your car title and you want to trade in this car can you do this without removing deceased spouse name from car title in the state of Texas?
If you and your deceased spouse were listed as "OR" on the title, it only takes on signature to release the title to the new owner. However, if the names were listed with "AND", then both signatures would be required. Since this is no longer physically possible, you need to take the title, along with the certificate of death, to the motor vehicle office and have your deceased spouses name removed from said title before you even attempt to sell or trade in this auto.
When either a husband or wife with full coverage is killed in an auto accident are they entitled to money beyond the auto payoff?
What state? Of course. Medical payments are pretty standard plus it depends on who was at fault. If it was the other driver the surviving spouse could be in for quite a bit.
Could a spouse cash a husbands auto insurance check for repairs?
No. The check must be endorsed by whomever the check is made out to. This will be the insured on the policy. If the spouse was not the named insured on the policy then she cannot legally endorse the check unless he gives her power of attorney or if he is deceased and she is designated as administrator of the estate by the court.
How do you remove your alive spouse from your auto title in Colorado?
you and your live spouse must go together to the DMV
Can you exclude your spouse from your auto insurance in Ohio if their license is suspended?
You can definitely exclude your spouse from your auto insurance. They shouldn't be driving if their license is suspended so they don't need insurance.
Auto financing in case of death?
I hope I am interepreting your questions correctly. If you have a deceased individual with an auto loan then contact that lender and explain the situation. Usually this loan will no longer exist, and the vehicle will be picked up. If there is a co-signer on that loan, then that person will be responsible for that debt, and should take full ownership of that vehicle.
Can I get auto insurance with my spouse's license under suspension?
Yes, you can even insure her. It will need to be a non-standard auto policy.
If someone cosigns your auto loan are they responsible for your other debts or only the auto loan?
Just for the auto.
