Legal Question in Credit and Debt Law in Texas

Debt Responsibility

My husband, without my knowledge or consent, has agreed to co-sign a loan for my stepdaughter's graduate education. If something happens to him before the loan is repaid, am I liable for repayment if she defaults on the loan, even though she stands to receive $20,000 in life insurance upon his death?


Asked on 7/15/00, 11:32 pm

1 Answer from Attorneys
Charles Aspinwall Charles S. Aspinwall, J.D., LLC

Re: Debt Responsibility

You are not liable to repay any loans to which you are not a signer.

You have no legal liability for a step-child's bills which you have not promised in writing to pay, no matter what they are.

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Answered on 9/09/00, 10:45 am


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