deceased loan

[tealea]

I took out a loan on my car which happens to be in my deceased friends name the company knew the car was mines and lent me money on the title now they say because he is dead they can demand the car even though it is not behind in payments is this true or can I just continue to make the payments?

 

[lwpat]

Whose name is on the loan? How did they lend money to someone that was dead?

If your name is on the loan, the car is a guarantee for the loan. As long as you keep the payments up to date, there is nothing they can do legally. This doesn't mean they might not do it anyway.