Legal Question in Credit and Debt Law in Pennsylvania
Car Finance debt after dead
Car finance own more than the retail value +/-12,000.00 more
Car in both names and husband died.
What will happen if they take the car for non payment (Nisan Finance)
There is way more hanging up but this is just a start.
2 Answers from Attorneys
Re: Car Finance debt after dead
I am very sorry for your loss. Generally speaking, all obligors whose names are on the note/auto loan would be liable for the deficiency.
Re: Car Finance debt after dead
If the financing company seizes the automobile and there is a deficiency, they will bring an action to collect the deficiency.
It is also unclear which state the automobile is located in. Your question is cryptic and almost in shorthand. Try providing more information to obtain a more detailed answer, or speak with an attorney.
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