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When a co signer on a business loan dies is the estate responsible or is the other business owner liable for paying the loan?
Wiki User
∙ 10y ago
It depends on how the business and the loan are titled. If the business is a partnership, the business may be responsible for paying the loan. If the borrowers signed as individuals the surviving signer may be able to make a claim against the estate. You should consult with an attorney who can review the loan and any business documents and explain your responsibilities and options.
Wiki User
∙ 10y ago
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Who is responsible for ambulance bill?
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