auto
When dad dies, who's liable for lease?
 Dear Terry,
My dad passed away on June 3. He had a leased car and when I called the finance company, they said I could either put it in my name and keep making the lease payment or have them pick it up. I had them pick it up. I thought I was returning it, but apparently I voluntarily surrendered the car.
Now, they keep sending my dad statements. I don't know what to do.
--
Terri  Dear Terri,
The finance company may have a claim against your father's estate, but not against you. If a law firm is handling your dad's estate, refer the finance company to them.
For more information about getting out of a lease, see the Bankrate story "
Breaking a car lease gets easier."
 | | Here are this week's reader questions: | | | | • | Longer car loan can handcuff buyer | | • | Am I responsible for my late father's car lease? | | • | Can I voluntarily surrender my car on my own? | | • | What color car should I buy? |
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