Legal Question in Business Law in Texas
Cosigning
My son cosigned for a friend he is only 16 is that legal can he be held responsible?
Asked on 1/12/08, 5:55 pm
1 Answer from Attorneys
Jeffrey Brashear
The Brashear Law Firm, PLLC
Re: Cosigning
There is a potential that your son could be held legally liable if the friend defaults on the note. Generally, the age of majority is 18 in Texas. If my law firm can assist you with this legal issue or any other legal matter, please contact my legal assistant Jennifer ([email protected]).
Answered on 1/14/08, 11:03 am
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