Your dad passed away he owes money on his car?

Answer 1

In this situation (at least in California), if the RO (registered owner) (or the cosigner) dies and still owes on the loan the vehicle will be repossessed because the title to the vehicle cannot be legally transfered to another family member. The loan is only for one person. My girlfriends mother cosigned on the loan to the car, and being that the mother is old, i told my girl to make sure that at any time she might have to pay off the vehicle. If the RO dies, pay the car off as soon as possible, before the Finance company finds out. As a repossessor , usually people in this situation arent sure what their rights are. Sometimes people will continue to pay on the loan, but in time, the finance company will find out. THis usually happens when a 3rd party will insure the vehicle in their name, or if an accident happens, etc. Check your states law though, because they are all different.