Results 1 to 2 of 2
  1. #1
    Join Date
    Dec 2018
    Posts
    1

    Default What Happens to a Car Loan if the Owner of a Buy Here, Pay Here Dealership Dies

    My question involves a consumer law issue in the State of: Washington
    The owner of the used car dealership I deal with recently passed away and the 2 cars I was buying from him aren't paid off what should I expect to happen next do I continue payments?

  2. #2
    Join Date
    Jan 2006
    Posts
    38,168

    Default Re: Car Dealership Owner Died What Happens Next

    You should expect to continue paying on the cars.

    If it was an incorporated business, it’s still a business and you continue to owe the business. If it was owned by him as a personal asset, then you owe his estate for the cars. The contract continues in spite of his death

    1. Sponsored Links
       

Similar Threads

  1. Transferring Title: How to Transfer Title After a Car Owner Dies
    By eatinchocolate in forum Vehicle Registration and Title
    Replies: 1
    Last Post: 07-27-2017, 10:06 PM
  2. Loan Agreements: I Signed First Loan Contract for a Car but Dealership Forged My Signature on New Loan
    By kss421 in forum Cars and Dealerships
    Replies: 8
    Last Post: 07-27-2011, 08:16 PM
  3. Repossession: Repossession When Owner Dies
    By angientim1@cox.net in forum Cars and Dealerships
    Replies: 3
    Last Post: 03-07-2008, 04:22 AM
  4. Repossession: What happens to a car loan when someone dies
    By killer_blow in forum Cars and Dealerships
    Replies: 2
    Last Post: 01-22-2007, 02:41 PM
  5. Rent and Utilities: Rent After Building Owner Dies
    By mikegee in forum Landlord-Tenant Law
    Replies: 1
    Last Post: 12-30-2004, 08:14 PM
 
 
Sponsored Links

Legal Help, Information and Resources