Legal Question in Credit and Debt Law in California
power of attorney
If I become power of attorney for someone with outstanding debts can creditors come after me to pay his debts?
3 Answers from Attorneys
Re: power of attorney
As a general rule, they are limited to the assets of the debtor, however, as a their agent, you are the one who will be dealing with the phone calls, the negotiations of debt, and you may be named in your role as POA in lawsuits to collect the debt. If you are going into this knowing that the person who seeks to give you their POA has delinquent obligations, I would personally suggest that you pass. Its too much work for very little reward.
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Re: power of attorney
Not personally
Re: power of attorney
As a matter of rule Attorney is not responsible for making any payments from his own pocket. He is the person who deals on the behalf of his Principal and nothing else. Creditors cannot demand anything from your estate.