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What happens to a loan on a car when the loan holder dies and there is no cosigner or insurance on the loan?

Jeffrey Rodriguez

in Student Loans

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1 answer

Caroline Campbell on January 30, 2018

Response . The loan must be paid out of the estate (sell of home, life insurance policy, etc...) Otherwise, the estate will be held in litigation and will not be closed or the beneficiaries will be required to pay the loan.

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