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If the co-signer is declared incompetent and the owner is not paying the payments is the co-signer's estate still responsible for the car loan? |
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Answer
That is an issue that would be decided by a judge, usually in probate court. The main issue would be the state of mind the person was in when the contract was signed. If the person was indeed incompetent and others had knowledge of the fact but did not intervene, the possibility of fraud could also become a factor in the situation.
First answer by ID83108974. Last edit by ID83108974. Question popularity: 21 [recommend question]
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