Can I liable for a dead persons debt?

I obtained a loan jointly and severally promissory note, The other party died and is not related to me. I am being sued for the full amount. Am I required by law to pay his half of the note. This is in Maryland.

Asked on June 25, 2016 under Bankruptcy Law, Missouri

Answers:

M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney

Answered 4 years ago | Contributor

When you and this other party signed the note you both collectively and individually became legally responsible for it. This is what "joint and several liability" means. In other words, if one of you didn't pay their share due under the note, then the other is liable for it. 


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