| Author: |
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Rob |
| Date: |
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December 11, 2002 |
| Question: |
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My grandfather cosigned a loan for me some time ago. He passed away in July 2001. If I declared bankruptcy now, would the creditor be able to go after my grandmother?
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From: |
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Ann Clarke, Collins Barrow Limited |
| Date: |
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December 12, 2002 |
| Answer: |
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If your grandmother didn't co-sign as well then the creditor can not pursue her. The creditor could, however, make a claim against your grandfather's estate, if anything is available there.
Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca
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