Legal Question in Credit and Debt Law in Maryland
Minors/Contracts
If a person signed a contract when they were a minor, are they still responsible for that debt even if they are no longer a minor?
Asked on 12/18/06, 9:02 am
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
Re: Minors/Contracts
It depends on the nature of the contract (is it for "necessaries?)" and what the person received. While the contract may be voidable, the benefits received (or the value thereof) may have to be returned.
Answered on 12/18/06, 9:10 am