0
When the cosigner dies is the spouse responsible for a repossion that she did not cosign for?
Overodrive
The spouse is not responsible and should not have this on her credit. But the estate of the deceased will still be responsible for the debt.
Wiki User
∙ 18y ago
Add your answer:
Earn +20 pts
Is the spouse of a deceased cosigner responsible for the debt?
The ESTATE is responsible.
Is a cosigner's spouse responsible for the loan if he dies?
No you are not responsible but if your step daughter does not pay the loan they can still repossess the vehicle.
Can a spouse with good credit cosign a student loan for their spouse with bad credit?
That is decided by the LENDER.
Can a cosigner who is a spouse refinance without the primary spouse?
Not if you are both on Title unless they forge your name.
Is the surviving spouse responsible for outstanding debt on the voluntary repossession of a vehicle when they are a cosigner on the loan?
If there are payments outstanding, you, the co-signer, are responsible. That's the point of being a co-signer; you agree to pay the debt if the primary cannot.
If you cosign for a student loan for your spouse you get divorced and he refuses to pay can you sue him for payment?
Yes.
Who is responsible for a leased vehicle when the person dies if there was no cosigner but there is a surviving spouse?
If the married couple lived in a community property state at the time of the spouse's death, the surviving spouse may be responsible for the lease debt even if she was not an account holder. If the couple did not live in a community property state the creditor will be required to file a claim against the estate of the deceased to try to recover the debt.
Can your daughter be on your car insurance if you are not cosigner on her car loan?
Yes: Your spouse/children can be included on your insurance policy regardless of who was/if there was a cosigner on the car.
If you and your spouse cosign a preapproved car loan from a bank and you are the primary can you alone go purchase the car at the dealer and put it in both names or must your spouse go with you too?
Your spouse needs to be present.
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.
Is the spouse responsible for medical bills after death of a spouse in Colorado?
s the spouse responsible for medical bills after death of a spouse in Colorado?
Can a wife be held responsible for debt her husband incurs due to a failed business venture?
No, unless she were a co-owner of the business or a co-borrower of cosigner of loans that were business related. A creditor might try to hold a spouse responsible if the couple reside in a community property state. In such circumstances the non owner spouse might wish to consider using an "innocent spousal defense."
