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If only one spouse signs a promissory note can the other spouse be held responsible to pay it?
Wiki User
∙ 10y ago
In most cases, yes, they can be held responsible. They are considered to have benefited from the note.
Wiki User
∙ 10y ago
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In Florida if your parents are refinancing would your spouse need to sign the mortgage?
Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.
Who signs a promissory note?
The most important signature on a promissory note is the borrower. Many are also signed by the lender.
If your spouse co-signs for someone will it affect your credit too?
No, your credit rating is separate from your spouse. If he or she cosigns it will only effect his or her credit rating.
What are the terms of a chattel mortgage?
the buyer signs a promissory note, secured by the product, that constitutes a promise to repay the debt. The mortgage will typically contain an acceleration clause
When a spouse is borrowing money and the wife must sign the mortgage does her name have to be on the warranty deed?
Of course. She should be fully informed of the consequences of signing the mortgage and not being on the deed. If the wife signs the purchase money mortgage then her name should also be on the deed. She should not sign to be responsible for a debt for property she doesn't own.Of course. She should be fully informed of the consequences of signing the mortgage and not being on the deed. If the wife signs the purchase money mortgage then her name should also be on the deed. She should not sign to be responsible for a debt for property she doesn't own.Of course. She should be fully informed of the consequences of signing the mortgage and not being on the deed. If the wife signs the purchase money mortgage then her name should also be on the deed. She should not sign to be responsible for a debt for property she doesn't own.Of course. She should be fully informed of the consequences of signing the mortgage and not being on the deed. If the wife signs the purchase money mortgage then her name should also be on the deed. She should not sign to be responsible for a debt for property she doesn't own.
In Florida if your parents are refinancing would your spouse need to sign the mortgage?
Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.
Who signs a promissory note?
The most important signature on a promissory note is the borrower. Many are also signed by the lender.
When a married person co-signs for someone else what effect does it have on the other spouse's credit?
None.
What can I do when my spouse shows signs of alcoholism?
"Speak to your spouse about the things that you are seeing. If your spouse denies, seek guidance and support from your pastor and other family members. You may have to seek help through rehab, counseling for your spouse, or an intervention."
If your spouse is remarried and signs a hospital document as married does it null and void the custody decree?
No, one issue has no relation to the other.
Could your spouse feel pregnancy signs before you knew you were?
No
How can the cosigner be soley responsible for a repossesion of a car?
According to the law, a cosigner signs for someone else that they think might not pay off the load. The cosigner signs a contract agreeing to pay the loan off if the other person does not. He can be solely responsible becase he signs a contract promising to do so.
If your spouse co-signs for someone will it affect your credit too?
No, your credit rating is separate from your spouse. If he or she cosigns it will only effect his or her credit rating.
What are the terms of a chattel mortgage?
the buyer signs a promissory note, secured by the product, that constitutes a promise to repay the debt. The mortgage will typically contain an acceleration clause
Divorced then spouse remarries then spouse take your child to hospital and signs forms as before divorce and as married now is this stating she is married to you and does it null and void your divorce?
No, but there might be a problem with the insurance provider.
Your mother 401k went to your stepfather when she passed was you the I son intitled to any of it?
No, by law if you're married then your spouse is considered your primary beneficiary at 100% unless the spouse signs a document and has it notarized stating otherwise.
Who is responsible for hit and run damage to a rental car with unauthorize by rental company?
the person who drove the car he is responsible he signs a form to say that he is responsible for what happens when they drive the car
