car credit guarantor

[retjint62]

acted as guarantor for credit for car. personfell behind with payments then unfortunately died. there is no estate but hopefully car is still there to return. any advice welcome as writ has been served

[Peter Pedant]

I think they can make you pay the debt

That is after all what a guarantor does -

and having done that, it seems fair that you get the car.

It may be worth reading the original document to see if there are clauses about what happens if the debtor dies.

[retjint62]

thanks for reply. I think it will depend on the type of contract and the small print ..as you said, regarding death. will let you know outcome

[Oneeyedvic]

Sorry, but you have no rights to the car at all - you are a guarantor not a co-borrower.

You are liable for the payments for the car if the borrower does not pay.

You will however have a potential claim on his estate (which does include his vehicle).

[R1Geezer]

Guarantor means that you take the responsibility to pay the debt if it is not paid by the borrower. End of