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Re: Can I bother you one more time?


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Posted by LadynRed (199.91.33.254) on January 17, 2003 at 13:32:01:

In Reply to: Can I bother you one more time? posted by MomOfTriplets on January 17, 2003 at 12:51:14:

I'll answer the last question you asked first.
YOU are NOT responsible for your father's debts !!!! Debts of the deceased are paid out of any estate they leave. If there is no estate, then they creditors get SQUAT ! There is also, in most states, a time limit in which a creditor can make claims on a decedent's estate. If miss that window of opportunity they can kiss-off. Its not unusual for creditors to try to make the suriving family pay the decedent's debts... they can try, that doesn't mean they're going to get anything.

As for the car - yes, get a pay-off figure from the bank before you pay it. If you can get to the bank and pay it off and get a paid in full receipt when you do, that's a plus, you've got proof in-hand should the repo man come calling and he'll leave empty handed. If you really want to keep the repo man from taking the car, you need to make sure its inside a locked garage or something. These guys can side-tow a vehicle out of a spot you wouldn't think they can get to, but they can and they do.. BUT, they cannot 'disturb the peace' or break into a building to take a vehicle. They say you're not supposed to 'hide' a vehicle, but people do and if you can pay it off in the meantime, then you save the repo and reclamation fees.

Charge-offs - even if you paid them a partial payment, it wouldn't stop the charge-off unless you were able to bring the account current. You can still negotiate a settlement with the OC after its charged-off, they WILL take your money. They usually go right to a CA, but nothing says you can't still deal with the OC !


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