What Happens to a Financed Car and Debts in Probate? | NC

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Q: What happens to a financed vehicle and other debts during probate? A: In North Carolina probate, a financed vehicle does not become free and clear just because the owner died. The lender’s lien stays attached to the vehicle. The estate does not automatically have to pay off the loan. The administrator should first get legal authority from the Clerk of Superior Court, then review the payoff…