Legal Question in Credit and Debt Law in Florida
I was asked to cosign for an automobile loan by a relative who is planning a divorce. Can her husband come after me for $?They have nothing but major bills and back taxes.
Asked on 8/02/10, 10:16 am
1 Answer from Attorneys
David Labovitz
Labovitz Law Firm, P.A.
No, but you will still be stuck with the liability under the loan if the relative defaults in making the payments.
Answered on 8/07/10, 9:05 pm