What is the name of your state (only U.S. law)? Texas
My grandfather bought a car for me in 2008, financed in his name, and I make the payments. He recently passed away, and Wells fargo dealer services wants me to return the vehicle. I have asked if they can transfer the note to my name and was told "NO". I don't believe there is any money in the Estate, my uncle is the executor of the estate. My question is....If there is money in my grandfathers estate, will it automatically be put to pay off the debts including the car note?? Or is it up to my Uncle to use the estate money to pay off the car??
My grandfather bought a car for me in 2008, financed in his name, and I make the payments. He recently passed away, and Wells fargo dealer services wants me to return the vehicle. I have asked if they can transfer the note to my name and was told "NO". I don't believe there is any money in the Estate, my uncle is the executor of the estate. My question is....If there is money in my grandfathers estate, will it automatically be put to pay off the debts including the car note?? Or is it up to my Uncle to use the estate money to pay off the car??