Is it illegal for one spouse to co sign someone elses loan? 2 Answers as of August 21, 2011
Is it illegal for one spouse to co-sign someone elses loan and not tell the other spouse, resulting in a negative impact to the household credit report, which surprises the unknowing spouse?
Law Office of John C. Farrell, Jr.
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If you are in MA then it should not effect the other spouse because MA is not a "community property" state in which each spouse assumes the debt and property of the other.
Answer Applies to: Massachusetts
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