Legal Question in Wills and Trusts in Pennsylvania
Personal loan question
My uncle loaned me a sum of money to buy a car, I agreed to pay him back the amount, however, he had taken ill and may possibly pass on, He has no other immediate family members. Am I still responsible for payment of the balance of the loan after his passing since the agreement was between he, and myself?
Asked on 5/14/03, 12:21 pm
1 Answer from Attorneys
Maura Yarbrough
Maura L. Yarbrough, Attorney at Law
Re: Personal loan question
Generally, your debt can be collected by the executor of your uncle's estate if there is an estate opening for your uncle when he passes.
This is a general answer withotu knowing all of the facts, if you would like a consultation, please contact me.
Answered on 5/14/03, 3:27 pm
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