Legal Question in Real Estate Law in Indiana

Effect of non=payment on co-signer

My grandson and I signed the mortgage papers on our home back in 2003. He has moved out and I no longer can afford the house payment. I was wondering what effect my not paying my mortgage and the house going back to the bank would have on my grandson.


Asked on 8/21/08, 8:28 pm

1 Answer from Attorneys

Re: Effect of non=payment on co-signer

It will have a serious negative effect on his credit.

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Answered on 8/22/08, 2:51 pm


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