0
It depends on your state law. In community property states, if the car was community property, the surviving spouse becomes the owner. In most other states, the surviving spouse and/or any children become the owners as heirs at law.
The problem is that you may have to apply to refinance the car loan, which does not pass by intestacy rules. That may require you to file an estate action to become the formal owner of the car, but it may be that the estate is bankrupt under state law. Consult an experienced estate lawyer in your area.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Your friends husband died and you want to buy his car he still owes on it How do you go about it?
The estate has to settle the loan, which may be done by selling it to you and using the money to pay off the loan.
Lisa and house was appraised at 115000. She still owes 42000 on her mortgage loan. How much equity does Lisa have in her house?
$73,000
Lisa's house was appraised at $115000. She still owes $42000 on her mortgage loan. How much equity does Lisa have in her house?
73000
Lisa's house was appraised at 115000. She still owes 42000 on her mortgage loan. How much equity does Lisa have in her house?
73000
How much equity does Lisa have in her house if Lisa's house was appraised at 115000 and she still owes 42000 on her mortgage loan?
9
What happens when noncustodial parent become custodial parent and owes back support?
That parent still owes the back support.That parent still owes the back support.That parent still owes the back support.That parent still owes the back support.
What happens if a loan is in default and is deceased but has a co signer?
The cosigner now owes for the loan.
Can a finance company cancel the loan if the signer doesn't drive the car?
No. The loan was made and the person who made it owes for the loan. To take this one step further if the car was wrecked the loan is still owed. So, it doesn't matter who drives the car.
Is there legal recourse against someone that has caused the alienation of affection?
It depends on the law in your jurisdiction. Some states still have "alienation of affection" laws but they are very difficult to prosecute. However, although its easier to blame the spouse's lover, it should be understood that it is your spouse who owes you fidelity. A third party should not take the blame.
Is surviving spouse responsible for credit card debt Nevada?
The decedent's estate still owes the money, and that debt must be satisfied before the estate can be distributed. In the case of a surviving spouse, that spouse is equally liable for any existing debts. If the deceased's estate cannot cover the debt, the spouse must do so.
Can a lawyer still bill a deceased person?
Yes, but he is unlikely to get paid. The family of the deceased owes nothing for the decedent's debt load unless they cosigned a loan.
You did not work and your spouse owes tax are you responsible?
On the married filing joint income tax return it is not the spouse that owes the tax because the spouse worked and earned the income it is we owe taxes on the joint income tax return because the spouse worked and earned the income.If this is about some past due taxes that the spouse owes then the below information would apply.Go to the Internal Revenue Service web page and use the search box for form 8379 go to page 2.Form 8379 is filed by one spouse (the injured spouse) on a jointly filed tax return when the joint overpayment was (or is expected to be) applied (offset) to a past-due obligation of the other spouse. By filing Form 8379, the injured spouse may be able to get back his or her share of the joint refund.Are You an Injured Spouse?You may be an injured spouse if you file a joint tax return and all or part of your portion of the overpayment was, or is expected to be, applied (offset) to your spouse's legally enforceable past-due federal tax, state income tax, child or spousal support, or a federal nontax debt, such as a student loan.
