Legal Question in Consumer Law in Indiana
I am thinking about cosigning for a auto loan for my sister but do not want to be stuck with the payment if something were to happen and she could not pay back the loan. Is there anything I can do to protect myself if something like this were to actually happen. Please advise.
Asked on 7/31/09, 12:06 pm
1 Answer from Attorneys
Burton Padove
Indiana and Illinois Lawyer, Burton A. Padove
You can purchase credit life insurance in the event that she passes away. Otherwise, there is not much more that can be done
Answered on 8/02/09, 5:46 pm
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