victor4738
New Member
My mother-in-law cosigned an auto loan for her son. She is now dying.
What happens with the loan when she dies?
My brother-in-law won't be able to keep up the payments after she dies and wants to "turn the car over the the lender" after she dies.
Will the loan company come after the estate for payment when she dies or after he defaults on the loan or will they just be able to reposses the vehicle?
Would there be any advantage to defaulting on the vehicle befor she dies?
They are in Florida.
What happens with the loan when she dies?
My brother-in-law won't be able to keep up the payments after she dies and wants to "turn the car over the the lender" after she dies.
Will the loan company come after the estate for payment when she dies or after he defaults on the loan or will they just be able to reposses the vehicle?
Would there be any advantage to defaulting on the vehicle befor she dies?
They are in Florida.
