Legal Question in Banking Law in Texas
My dad had a loan from a bank, he's the only one on the cotract (my mother wasn't in the contract). My dad passed away . My question is, does my mother need to pay the loan?
Asked on 4/19/10, 5:48 pm
1 Answer from Attorneys
Mark Dunn
Mark D. Dunn
No. It isn't her debt. She's a stranger to the contract, and doesn't have any legal duty to pay it.
The loan MAY need to be paid out of Dad's estate; you should consult your probate lawyer about this.
Answered on 4/25/10, 9:52 am
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