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Can I be held responsible for a debt that I co-signed?

Man worried over billsYes, yes you can.

You can be held responsible for any debt were you signed the contract, or sales agreement or a guarantee. Basically, if there is an agreement that said you would pay in the event that someone else failed to make the payments (co-signed) then the you can be held responsible. It does not matter if you signed as the primary or the co-signer.

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Posted September 2015|Updated 09/15/2015