Legal Question in Credit and Debt Law in California

are parents responsible for the debts their 18 yr old college student incurrs?


Asked on 3/21/11, 3:06 pm

2 Answers from Attorneys

Only if they cosign for the loans, which is often required.

Read more
Answered on 3/21/11, 3:11 pm
Tony Carballo Carballo Law Offices

No, unless the parents co-sign for or guarantee in some manner a loan to their 18 year old son in writing. There is a rare exception for things that are basic necesities of life where the parents could be sued but it is extremely rare and would have to be for things like food.

Read more
Answered on 3/21/11, 6:45 pm


Related Questions & Answers

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