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Property and legal

What happens to their car loan?

Short answer

The loan stays with the estate. If you want to keep the car, you may be able to refinance in your own name. If not, the car may need to be sold to pay off the loan. Contact the lender early.

What this usually means

The loan stays with the estate. If you want to keep the car, you may be able to refinance in your own name. If not, the car may need to be sold to pay off the loan. Contact the lender early.

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