CONTENT

  DEPARTMENTS



  DETAILS
Legend for Icons
 Article    Q&A

 Podcast  Video

 Blog  Discussions

PDF    Powerpoint
BankingQuestions.com Web

  Home >> Lending  
Co-signer Died: Who Pays if Default?

My co-signer on a large loan died. What happens if I am unable to pay? Will his wife get stuck with it?


The lender can legally attempt to collect from either you or the co-signer's estate, or some from each. There will be a legal deadline for the lender to enter a claim against the estate.

Published on BankingQuestions.com 10/02/08