Legal Question in Civil Litigation in Arizona

Personal liabilty

If I co-sign a car loan for a friend, besides the obvious liabilty for the loan amount, would I have any personal liability if my friend should get in an accident?


Asked on 2/20/01, 9:43 pm

1 Answer from Attorneys

Charles Aspinwall Charles S. Aspinwall, J.D., LLC

Re: Personal liabilty

You will not ordinarily incur liability under the circumstances you mention if there is a wreck or something, unless:

If you have reason to know that your friend constitutes a danger to other motorises [alcoholic, drug-user, etc.] and you enable him/her to obtain and drive a motor vehicle, you could have liability under those facts.

if the friend is a member of your family or related to you, then you could have liability based upon the "family purpose doctrine." Check with your insurance agent.

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Answered on 4/04/01, 8:45 am


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