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Outstanding loan from deceased parent
Comments
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was it HP and have more than half the payments been made?if so it can be handed back with probably no penalty0
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no it was a loan, he's paid 3 years on it. Not an issue about the car, just the remaining finance on it0
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Has the Will been dealt with?British Ex-pat in British Columbia!0
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what are the details of this estate ?0
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Whoever deals with your father's estate will have to establish what debts there are, and what assets available. If there is no cash to settle the loan - the car may need to be sold.0
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Does your mum need the car?0
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