Legal Question in Credit and Debt Law in Maryland

Minors/Contracts

If a person signed a contract when they were a minor, are they still responsible for that debt even if they are no longer a minor?


Asked on 12/18/06, 9:02 am

1 Answer from Attorneys

Daniel Press Chung & Press, P.C.

Re: Minors/Contracts

It depends on the nature of the contract (is it for "necessaries?)" and what the person received. While the contract may be voidable, the benefits received (or the value thereof) may have to be returned.

Read more
Answered on 12/18/06, 9:10 am


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Maryland