My husband passed away in September 2010. He had an auto loan in his name only. Am I as his wife, responsible for the loan. He also has credit card debt which I am paying monthly. I am unemployed and get half of his pension each month. I also get State unemployment benefits, which have just begun.
Am I able to trade in the vehicle to finance another vehicle? I tried to refinance my house but was told that I needed to show a year of checks written by me alone in order to qualify for mortgage refinancing. Will I have trouble getting a car loan because I am unemployed? If so, what do I do about the monthly truck payments? Do I let the bank take the vehicle and then what?
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