My care was under my husbands name but he recently died. Do I still have to pay for the car ?
2007-12-14 13:42:36 · 5 answers · asked by richie r 1 in Business & Finance ➔ Personal Finance
Yes you are........
2007-12-18 13:50:47 · answer #1 · answered by I Can Count To Potato 7 · 0⤊ 0⤋
Your spouse's estate is responsible for paying outstanding debts before any assets are passed to heirs. You should have contacted a probate attorney to deal with his estate.
In any case, you will not be able to keepthe car and not pay for it. It is very likely that the loan company will be more than willing to transfer the loan to your name and let you pay the rest of the payments. If you can't afford the payments, plan on giving the car back.
2007-12-14 22:31:55 · answer #2 · answered by bdancer222 7 · 0⤊ 0⤋
If your spouse dies and has debts they will take the assets away that were in his name to cover the debts, but I don't believe that they can take it away if it is in your name but I am not sure. sorry to hear of your loss.
2007-12-14 21:53:02 · answer #3 · answered by Barry S 2 · 0⤊ 1⤋
Yes, I think that you are still responsible for his debt. Most states have "community property." That means that you and your spouse share property and, unfortunately, bills.
2007-12-14 21:52:03 · answer #4 · answered by Ria 2 · 2⤊ 1⤋
yup, when you are married it's equal. Your debt is his debt, his debt is your debt from the time you are married . His estate will be responsible for paying the money he owes on loans and whatnot.
2007-12-14 22:14:50 · answer #5 · answered by Miss October 03 3 · 0⤊ 1⤋