Thread: Need Advice
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Old 03-14-2015, 10:02 AM
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I would consult an attorney regarding her capacity to make that loan. Does she have a guardian? Be careful, everything in life is a double edged sword. If it is determined by a court that she lacks the cognitive capacity to have signed for that loan it may get her out of that loan, but it will also negate her ability to make future financial arrangements and the court will look to appoint a guardian for financial matters. Be careful and ask a lot of questions before moving forward.

Also, check with the state banking authority and see if there is any way that you can go after the bank for approving a predatory loan.

Good luck.

Jim

Last edited by 1795; 03-15-2015 at 08:23 AM.. Reason: mistake
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