Legal Question in Credit and Debt Law in Rhode Island

Is the loan currently in default? If so, then the lender or federal government theoretically could file a claim in the probate estate if the co-signer died leaving assets subject to probate (i.e. assets not conveyed by operation of law, such as a joint bank account that would pass automatically to the survivor).

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Put differently, there are too many facts not specified in the hypothetical question to answer completely, so you should consult with a lawyer.

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If you like, LawyersCollaborative, like most of your neighborhood lawyers, offers a no-cost, no-obligation initial consultation.

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Best,

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