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Who is Liable for 'Inherited' Loans?

My ex-husband died. He left the house to my daughter. He had refinanced it by forging my name. Does my daughter have to repay this refinance? One or two of the refinanced loans were signed by his newest wife. They divorced, but is she liable for any of the outstanding loans?


The general rule is that if you didn't sign the loan document and didn't obtain any benefit from the loan, you can't be held liable. If a signature on a mortgage deed is forged, the mortgage is generally invalid. We strongly suggest that you talk to an attorney, because working your way out of the mess you describe will require legal help.

Published on BankingQuestions.com 8/18/09