Legal Question in Credit and Debt Law in Canada

Re: Endorsement

If by "endorse" a loan you mean guarantee it, then retirement is completely irrelevant. If you guarantee a loan for someone, and they don't pay, you will have to. it's as simple as that.

Re: Endorsement

No. Being retired may make it more difficult for a bank to accept your ability to pay a loan, but if a bank accepts someone as a guarantor of loan then that person is liable under the guarantee retired or not.

Re: Endorsement

I don't really know what you mean by endorse. If you mean to guaranty a loan, you are never reuqred to guaranty a loan. If you do, and the debtor defaults, you are liable on your guaranty, retired or not.