Dear Terry,
My husband co-signed an auto loan for our son. The car is registered in my son’s name — my husband’s name appears on the loan only.
If our son was involved in an accident with injury to another party, could we be sued or in some way held responsible?
— Susan
Dear Susan,
In our litigious society, almost anyone can sue anyone else. So, there is always the risk that your husband could become involved. (more…)