yes.
The surviving borrower is solely responsible for paying the loan.The surviving borrower is solely responsible for paying the loan.The surviving borrower is solely responsible for paying the loan.The surviving borrower is solely responsible for paying the loan.
only if it was your fault
If the co-signer dies the surviving borrower is responsible for paying the loan.
No. A cosigner is just responsible for paying it off if the negligent driver wrecks it and and can't work to make the payments.
Unless the survivor(s) signed some type of contract or agreement to be responsible for the deceased's medical bills, it is the deceased's ESTATE which is liable for the expense - NOT the survivors.HOWEVER: In reality, if the surviving spouse also happens to be the Executor of their deceased spouse's estate, they WILL, have to pay for whatever medical bills may be outstanding from the proceeds of the estate that they are administering.
If the child is a minor, yes, they are. If the child is an adult, no, they are not.
ANYONE who's name is on the loan contract is responsible for the debt. Who will sell someone a car and that someone NOT be responsible for paying?? NOT ME LOL
If a person signed a contract that stated they are required to pay for daycare after giving 2 weeks notice then they are responsible for paying. If there was no written contract or the written contract does not clearly state the termination fees then they may not have to pay.
It means that under the terms of some contract the party is responsible for paying debts.
The children are not directly responsible in Pennsylvania. The estate is responsible to settle all the debts. Until these have been paid, the children are not entitled to receive anything.
The estate is responsible for paying off the bills of the deceased, first and foremost. Surviving children should not have access to the funds until the estate is settled. If the children are minors, the court will appoint a guardian and will usually advance living expenses to insure they aren't without money and a place to live.
Yes, he or she would be equally responsible for the repayment of the loan balance.