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My husband recently secured a loan without my knowledge or consent. Am I liable if he defaults on the loan? We are both residents of Pennsylvania.
Location: United States, PennsylvaniaOptional Information: State/Country of Question: Pennsylvania Already Tried: PA Findlaw
PA is not a community property state. So long as you did not co-sign on the loan, you are not liable for the debts he incurs in his own name. He will be solely responsible for the loan if he defaults not you.
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