Can a creditor repossess estate property during probate? | NC

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Q: Can a creditor repossess estate property while probate is pending? A: Yes — probate usually does not automatically stop a secured creditor from taking back property that serves as collateral. If the creditor has a valid lien and the loan is in default, the creditor may be able to repossess the property even while the estate is still being administered. The key questions are whether the lien…