Q: Would like to keep inherited house but not inherited vehicle, both of which have loans.
I've inherited a few properties and a truck from my father. I am executor of estate and singular beneficiary. The house and the truck both have loans. I gave the truck back to the bank, thinking that would take care of that loan. They tell me I still owe 7000 from the truck loan. The estate does not have enough money to pay for it. Would I have to sell the house to take care of the payment, or pay for the loan myself so I can keep the house?
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