There are a few debts for which you can be held responsible whether or not you signed. If you received a service and did not pay the vendor, you could be held criminally liable. If you received healthcare and were unable to sign at the time of treatment, you will be held responsible. If you agreed to pay during a telephone call and that call was recorded, you could be held liable.
You are not responsible for your sibling's debt unless you co-signed and agreed to be responsible for it. If you co-sign for a debt and the primary borrower doesn't pay then you will be held responsible for repayment.
If she did not Co-Sign and her name is not legally attached to the loan, then you are soley responsible for the payments. Not her.
No. If he didn't sign the mortgage then he is not responsible for paying it.
You are never legally responsible for any debt unless you specifically sign for that debt. If someone is trying to get you to pay a debt that you do not believe is yours, tell them to produce a copy of the document you signed.
NO.
no if you did not sign anything
If you didn't sign the note that means you are not responsible for the debt. If you signed the mortgage that means you consented to the property being used as security for the debt and if the note isn't paid the lender can take possession of the property by foreclosure.If you didn't sign the note that means you are not responsible for the debt. If you signed the mortgage that means you consented to the property being used as security for the debt and if the note isn't paid the lender can take possession of the property by foreclosure.If you didn't sign the note that means you are not responsible for the debt. If you signed the mortgage that means you consented to the property being used as security for the debt and if the note isn't paid the lender can take possession of the property by foreclosure.If you didn't sign the note that means you are not responsible for the debt. If you signed the mortgage that means you consented to the property being used as security for the debt and if the note isn't paid the lender can take possession of the property by foreclosure.
Of course you are responsible. you are the one that chise to sign that piece of paper. That's why you have to fully read things before you ever sign your name to anything. Of course you are responsible. you are the one that chise to sign that piece of paper. That's why you have to fully read things before you ever sign your name to anything.
If you are unemployed you are in no position to co sign a student loan. By co signing you guarantee that the loan will be paid. If the primary borrower stops paying you will be held responsible for paying the balance of the loan- in full. The default rate on student loans is high and the debt grows rapidly. The lender may or may not allow you to take on that huge risk.If you are unemployed you are in no position to co sign a student loan. By co signing you guarantee that the loan will be paid. If the primary borrower stops paying you will be held responsible for paying the balance of the loan- in full. The default rate on student loans is high and the debt grows rapidly. The lender may or may not allow you to take on that huge risk.If you are unemployed you are in no position to co sign a student loan. By co signing you guarantee that the loan will be paid. If the primary borrower stops paying you will be held responsible for paying the balance of the loan- in full. The default rate on student loans is high and the debt grows rapidly. The lender may or may not allow you to take on that huge risk.If you are unemployed you are in no position to co sign a student loan. By co signing you guarantee that the loan will be paid. If the primary borrower stops paying you will be held responsible for paying the balance of the loan- in full. The default rate on student loans is high and the debt grows rapidly. The lender may or may not allow you to take on that huge risk.
When two people sign a note as co-borrowers they are each responsible for payment of the outstanding debt. If one doesn't pay then the other will be responsible for the entire balance.
When two people sign a note as co-borrowers they are each responsible for payment of the outstanding debt. If one doesn't pay then the other will be responsible for the entire balance.
You should consult and attorney for a legal answer. However, my experience would tell you that if you did not sign the contract, you are not responsible. * No, paying a debt or a portion of a debt for another person does not legally obligate the person to assume the debt or continue payment of such. * Actually, his estate is responsible for the debt. So, for example, if you are the heir, or one of them, before his property is released to you, his debts will be paid out of that property. If he had a will, this will be easier, I imagine, and if he died intestate (without leaving a will) it will be more complicated. I do agree that a lawyer is a good idea, and the short answer is no, YOU are not responsible for his debt.