What happens to a financed recreational vehicle when the borrower dies? | NC

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Q: What happens to a financed recreational vehicle when the borrower dies? A: The loan usually does not disappear when the borrower dies. The lender's lien stays attached to the recreational vehicle, so the estate receives it subject to that debt. The executor or personal representative must decide whether the estate will keep making payments, pay off the loan, sell the vehicle and satisfy the…