Can I be held liable for a dead person's debt?
Question Details: I obtained a loan with a promissory note, jointly and severally. The other party died and is not related to me. I am being sued for the full amount. Am I required by law to pay their half of the note?
When you and this other party signed the note you both collectively and individually became legally responsible for it. This is what "joint and several liability" means. In other words, if one of you didn't pay their share due under the note, then the other is liable for it.
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