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#76 | |
The future is unwritten
Join Date: Oct 2002
Posts: 71,105
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The descent of man ~ Nixon, Friedman, Reagan, Trump. |
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#77 | ||
in the Hour of Scampering
Join Date: Jan 2001
Location: Jeffersonville PA (15 mi NW of Philadelphia)
Posts: 4,060
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That said, if party A has a debt to party B, a promise by party C made to B to settle the debt on A's behalf, (be it in a contract or in compliance with a court order) does not discharge A's responsibility to B, and the debt does not magically become "C's debt"...even if C was a debtor to A as well. In that last case the credit contract language is usually that the debtors are "severally" (individually) liable for satisfaction of the debt as well as "jointly" (together)--they're both on the hook for the full amount. If the resulting lawsuit is a surprise, it's only because A didn't verify C's performance and enforce the contract containing the promise. But that's a matter between B and C; it's not A's problem, nor should it be. (of course the usual IANAL disclaimer applies. )
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"Neither can his Mind be thought to be in Tune,whose words do jarre; nor his reason In frame, whose sentence is preposterous..." |
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#78 |
I hear them call the tide
Join Date: Dec 2005
Location: Perpetual Chaos
Posts: 30,852
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Curious as to why the divorce settlement issue was not mentioned in the OP and indeed until now, as this clearly affects any advice on how to proceed, which was the question in the OP :?
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The most difficult thing is the decision to act, the rest is merely tenacity Amelia Earhart |
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