Legal Question in Wills and Trusts in Michigan

What happens to a car loan when the owner dies?

My grandfather bought me his grand daughter a car with a loan. The car is in his name, and we owe money on it still. My grandfather died. He has no will. Will the bank take my car? Can I make the payments? How can I get the car transferred to my name if possible?


Asked on 5/04/09, 8:00 pm

1 Answer from Attorneys
Timothy Klisz Klisz Law Office, PLLC

Re: What happens to a car loan when the owner dies?

Did your grandfather have any assets in his name alone? If so, you need probate, and can claim the debt as an Estate debt, to pay off the car loan. If no Estate, you can transfer title with a death certificate and you still need to make all payments or they take the car back. Visit www.kliszlaw.com to discuss more fully. Tim Klisz

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Answered on 5/04/09, 8:57 pm


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