guitarpain
New Member
Can you please refer me to the exact law in the following scenario:?
My mother is deceased. She and I jointly own a vehicle, (both her name and mine are on the loan and registration). The vehicle has a balance on the loan.
I also have 3 sisters; heirs.
Does the law state that, since the deceased name is on the loan, as well as one of the heirs, that the balance of the loan is to be paid in the following way:
The heir who's name is shared on the loan is to pay half, and the remaining 3 heirs, pay
the other half, split between them? My attorney believes this is the case, but I need a reference to the exact law in this regard.
I appreciate any and all references.
This is needed in a rather speedy manner, if you have the time.
Respectfully,
Maria
My mother is deceased. She and I jointly own a vehicle, (both her name and mine are on the loan and registration). The vehicle has a balance on the loan.
I also have 3 sisters; heirs.
Does the law state that, since the deceased name is on the loan, as well as one of the heirs, that the balance of the loan is to be paid in the following way:
The heir who's name is shared on the loan is to pay half, and the remaining 3 heirs, pay
the other half, split between them? My attorney believes this is the case, but I need a reference to the exact law in this regard.
I appreciate any and all references.
This is needed in a rather speedy manner, if you have the time.
Respectfully,
Maria