Legal Question in Credit and Debt Law in Texas
spousal liability of co-signer for auto loan
If a husband co-signs an auto loan for his son, is his wife liable for the loan even if she did not also co-sign. Son lives in Texas and parent lives in Florida.
Asked on 6/27/03, 11:15 pm
1 Answer from Attorneys
Sharon Campbell
Sharon K. Campbell
Re: spousal liability of co-signer for auto loan
The only persons who are ever liable for a loan based on a written document are the persons who actually sign the written document, so the answer is "no."
Answered on 6/28/03, 3:28 pm