Texas estate question?

If she turns the car in to the finance company she will get nothing near 12k for it. She needs to get a hold of the extra 4k so she can pay it off and sell it or refinance the car and keep it.

In most states it would be part of the estate. None of his assets can be distributed until all of the creditors are paid off, so the estate would have to come up with the balance owed on the car.

each state outlines what licenses of their state is permitted to do. you won't do an excellent number of something except you're working below the license of a actual assets broking provider out of your state. i individually do no longer comprehend what a actual assets individual with a license is able to do in Texas. you will possibly desire to learn with your broking provider or discover out from the state by potential of way of the internet or by potential of making a telephone call to the dept of tangible assets, or what ever they call themselves in Texas. In California an approved individual might artwork as a assets supervisor with a assets administration corporation. assets administration corporation cope with the two residential residences as properly as commercial residences. those assets managers are paid a sales. they are assigned various job, so as which you will inquire as to what centers you ought to be doing. some green brokers artwork for different brokers noted as assistants till they have gained slightly adventure and then bypass on their very own. the actual assets agent will pay them a small sales. those persons carry open properties, assemble signatures, take listings and different issues that are defined by potential of the guy for which they artwork. i'm hoping this has been of a few use to you, good success. "combat ON"

Her name is on the deed it is NOT part of the estate.