Post: Auto Reposession in Louisiana
Posted by Mike Gardette, bigdaddy@mail.com, on 6/22/02
My nephew died a few weeks ago. He was paying notes on
a '96 Camary when he died. He was never married and had no
children (no decending heirs). He owed appx. 35% of the
principle of the loan. He had no assets or will. My
question is...in Louisiana if the vehicle had been paid off
and had clear title, the car would assend to his parents.
Since the car was not paid (no clear title), but payee was
of majority age, he is/was solely responsible for the
payment of the vehicle...correct? If that is true, and
since the title is being held by the finance co., how would
assending heirs handle the above movable property? Does his
father have any legal right/recourse for recovery of the
title? He is in possession of the vehicle. Bank indicated
that they will sue for recovery of the vehicle. Thanks for
replys in advance...
Posts on this thread, including this one
- Auto Reposession in Louisiana, 6/22/02, by Mike Gardette.
- Re: Auto Reposession in Louisiana, 9/08/02, by roosta.
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