Ravens2631
New member
My father passed away leaving behind a car loan. To prevent the car loan from falling back on my mom, I notified the bank and provided them a death certificate. However, they will not allow me to refinance the loan in my name. I have spoken to representatives at the bank as well as the bank’s probate department. All saying the same thing, they cannot tell me anything about the loan without a will or small estate affidavit.
My father passed away suddenly, and relatively young, so he did not have a will. I doubt his estate has gone through probate as my mom has not tried to figure anything out. Because of this I am hesitant to get a small estate affidavit.
The bank’s probate department did advise I speak to the dealership the car was purchased from. They said it is possible they will disclose that there was a credit life insurance policy on the vehicle.
I should also mention, I asked my mom to call the same bank and see if they would tell her anything, as my parents were married. The bank says they cannot. They only sent a letter saying she was not responsible for the loan. I have also ruled out a co-signer on the loan as well, there are none. It would have been my mom or my dad’s mom and they confirmed they did not.
I’m at the point where I need to decide whether to keep paying on this loan or give up since I am not getting any answers
My father passed away suddenly, and relatively young, so he did not have a will. I doubt his estate has gone through probate as my mom has not tried to figure anything out. Because of this I am hesitant to get a small estate affidavit.
The bank’s probate department did advise I speak to the dealership the car was purchased from. They said it is possible they will disclose that there was a credit life insurance policy on the vehicle.
I should also mention, I asked my mom to call the same bank and see if they would tell her anything, as my parents were married. The bank says they cannot. They only sent a letter saying she was not responsible for the loan. I have also ruled out a co-signer on the loan as well, there are none. It would have been my mom or my dad’s mom and they confirmed they did not.
I’m at the point where I need to decide whether to keep paying on this loan or give up since I am not getting any answers