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MI state laws for debt lending and co-signing on a loan

When a credit check is done on someone are they responsible for a credit card debt when they never signed any contracts. I went with my son to buy a motorcycle, they did credit check, he signed all paper work, credit card came in my name, he lost job and bike now they are after me.

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Attorney answers (1)

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Note that I am not licensed to practice in your state.

I'm not quite sure you've provided enough information for an attorney to answer the question. You said you were there at the shop with your son and he signed all the paperwork. DId you co-sign on this loan?

If you co-signed on the loan, and your son does not have the money to pay for what he bought, then you are responsible for that loan.

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