auto loan co-signer died
My grandmother co-signed on a car for me a few years ago, and she recently passed away. Before I contact my loan holder, I would like to know what is going to happen when I tell them? I've made every payment, and never been late, and I'd like for them to take her name off of the car all together and not have to involve the estate at all . . .what will they do?
1 Answer from Attorneys
Re: auto loan co-signer died
This is not really a legal question. Whether her death puts the loan into default will be a decision left to the lender. You need to read the loan agreement and see if her death makes this a default.