Legal Question in Civil Litigation in Pennsylvania
Senior Financial Abuse
When a senior co-signs for a car loan and the car goes into to default what can the senior do if she was lied to by the loanee?
Asked on 6/01/08, 10:04 am
1 Answer from Attorneys
John Davidson
Law Office of John A. Davidson
Re: Senior Financial Abuse
No much even if you could prove fraud its unlikely that the borrower has any money or they would have been paying.
By co signing a loan you have as much duty to pay the loan as the borrower.
{John}
Answered on 6/01/08, 10:54 pm