Legal Question in Consumer Law in New Jersey
Cosigning for a loan
Is my estate responsible for
loan upon my death or is debt passed to person I cosign for?
Asked on 3/10/09, 7:58 pm
1 Answer from Attorneys
John Corbett
Corbett Law Firm LLC
Re: Cosigning for a loan
Your estate is responsible for your just debts. If that includes liability for a loan that you cosigned, then yes.
See: http://info.corbettlaw.net/cosign.htm
See also: http://info.corbettlaw.net/lawguru.htm
Answered on 3/11/09, 5:12 pm
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