Saturday, 11 April 2015

My father passed away and left some outstanding medical bills. He had no estate and no assets. He does have a vehicle for which there is an ...

Question

My father passed away and left some outstanding medical bills. He had no estate and no assets. He does have a vehicle for which there is an outstanding bank loan. If I pay off that loan with my own money, the title will still be released in his name and I will then have to switch it into my name. Can collectors come after the car to pay his debts once I have paid the loan in full?



Answer

You can transfer title for the auto into your name with a small estate affidavit at the DMV. I think that affidavit makes you responsible for your dad's other debts, but if there is no cash, other creditors will probably not come after you.



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