What happens if I co-sign a loan and the borrower or debtor (the person that borrowed the money) dies?
Does the co-signer then assume full liability over the loan, i.e. become the new and sole debtor? Does it vary by type of loan (e.g. mortgage vs. other?)
(Note: This is similar to the question Co-signing & dying: What if a loan co-signer dies? Is estate of co-signer liable?, but is asking about the death of the borrower instead, not the death of the co-signer.)