Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Paying for loan in someone's else's name. they pass away? - From day one I have been making payments on a new car loan that is in my dad's name. What happens if he passes away before the loan is paid off? He is 83 and I still have 4 years to go. I lost my job (have one now) and filed bankruptcy before this car on another car. So my credit isn't that great to take over payments, Help please. Sure I want my dad to live over 100. :) but you never know.