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-   -   Deceased parent's car (https://www.askmehelpdesk.com/showthread.php?t=122849)

  • Aug 25, 2007, 06:18 PM
    gmscoach
    Deceased parent's car
    My dad passed away shortly after making a down payment of $10,000 and financing$36,000 on a new car. I am in charge of settling his estate. I do not want the car and would like to just drop it off at the bank where he got the loan. Can I simply take the car the bank and leave it with them without out them asking me to pay the balance on the loan. I am not on the loan and have no interest in keeping the car.
  • Aug 25, 2007, 06:36 PM
    Fr_Chuck
    Of course not, the estate will be liable for any difference just like a person, Now if there is no estate, ( house, money in the bank, and the such) then no issue, Remember none of his bills are your bills, all of his bills are the estate bills. So you will need to either sell the car and settle with the bank, pay it off, or let them sell it and pay them the differnce from the estate.

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