simone123
Dec 3, 2007, 03:02 PM
Hi, My father (68yrs) passed away unexpectedly. His wife died a yr before him (44 yrs old) He had co-signed as a Grantor for his step daughter that bought a new car. Step-daughter let car be repossessed. Car sold at auction, the bank has filed $3200 against dads estate. I understand the bank coming to my dads estate right off the bat. To easy for them. My sister & I have a problem with the bank not taking legal action on this step-daughter for her debt! We talked with this bank to pursue her. She is responsible for the default in their contract. Her signing and agreeing to own a car and the responsibility that leads to her decisions should reflect on her. She is an adult! (20yrs old)
Let me back up 6 months ago before the car loan came about, her & her mom wrote cks on same ck acct. at this same bank & let overdraft charges to add up to 1,000/more. This bank took legal action, dad took out a loan for this money to keep them from legal actions. Step daughter already had a history with this bank and they give her a loan for a new car!
The bank did not require dad (66yrs old, smoker, alcoholic & not in good health) have life ins. But had life on the girl? What's wrong with that picture? My dad was a barber in a small town. His trailer sold for $26,000. His wife (44 yrs old) died before him. He could not pay for her burial; her family said they would pay 1/2 of the expense. They didn’t! Dad refinanced his trailer to bury her. Paid in full.
The Executor (my sister) & I have any recourse to pursue this girl? Before estate closes and after estate closes. Do we have any recourse on the bank? Our atty says its not worth the money? These people robbed my dad blind.. I don't want this girl to walk...
Thanks so much, for your time\Simone
Let me back up 6 months ago before the car loan came about, her & her mom wrote cks on same ck acct. at this same bank & let overdraft charges to add up to 1,000/more. This bank took legal action, dad took out a loan for this money to keep them from legal actions. Step daughter already had a history with this bank and they give her a loan for a new car!
The bank did not require dad (66yrs old, smoker, alcoholic & not in good health) have life ins. But had life on the girl? What's wrong with that picture? My dad was a barber in a small town. His trailer sold for $26,000. His wife (44 yrs old) died before him. He could not pay for her burial; her family said they would pay 1/2 of the expense. They didn’t! Dad refinanced his trailer to bury her. Paid in full.
The Executor (my sister) & I have any recourse to pursue this girl? Before estate closes and after estate closes. Do we have any recourse on the bank? Our atty says its not worth the money? These people robbed my dad blind.. I don't want this girl to walk...
Thanks so much, for your time\Simone