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Are parents responsible for outstanding student loan of deceased adult child?
Wiki User
∙ 16y ago
yes due to the fact that they are your parents but sometimes depending if child has life insur. they sometimes do not have to pay.
Wiki User
∙ 16y ago
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Are your parents responsible for your student loan?
If it was taken out before you were 18, it's your parents. After that, it depends on the kind of student loan, and who signed the papers.
Would your parents have to pay off your Wells Fargo student loan if they are a cosigner and you default?
If your parents are willing to be a cosigner, they may want to check into the new Wells Fargo Student Loans for Parents. With this, they would be fully responsible for repayment of the loan.
Is a husband responsible to pay for a deceased wife's student loans?
A wife pays for her student loans. First the student has to pay for his own loans. Husband doesn't have to at all. Take legal advice. The repayment of the debt could be taken from her estate before any bequests.
What is an outstanding student loan?
Rather than being outstanding for its features (ie interest rate, time to repay), an outstanding loan means that it is one that is yet to be repaid--it is money owed.
How do you find out what your outstanding student loan is?
You'll need to find out what lending institution has taken over your student loan. Once you know who you owe to, just call them.
Are the surviving adult children responsible for paying off student loan debts of their deceased parents?
Tyoically, debts are the responsibility of the estate, not of the family. An exception may be if a family member was the co-maker of the note.
Are your parents responsible for your student loan?
If it was taken out before you were 18, it's your parents. After that, it depends on the kind of student loan, and who signed the papers.
The school nurse is responsible for alerting all parents when any student has a contagious disease.?
all
What is the responsible of a student?
yes student responsible
Does a spouse have to repay student loans after the person with the loans dies?
The student loan should be paid out of the estate of the deceased before it is distributed to the spouse. If there isn't enough to cover the debt, the spouse should not be held responsible for the balance, unless both people signed the loan. Many people misunderstand who pays the outstanding debt. The surviving spouse does not pay the debt, but it comes out of the estate before distribution.
Would your parents have to pay off your Wells Fargo student loan if they are a cosigner and you default?
If your parents are willing to be a cosigner, they may want to check into the new Wells Fargo Student Loans for Parents. With this, they would be fully responsible for repayment of the loan.
Are college students responsible to pay for medical expenses if the student is still a dependent of the parents?
If the student is over 18, they are an adult; therefore, if they received medical treatment, they are legally responsible for the bill. The fact that they are a dependant doesn't matter.
Is a husband responsible to pay for a deceased wife's student loans?
A wife pays for her student loans. First the student has to pay for his own loans. Husband doesn't have to at all. Take legal advice. The repayment of the debt could be taken from her estate before any bequests.
In Ohio is a surviving spouse responsible for the student loans cosigned by the deceased spouse?
yes. When you became married all asests and liabilities became shared. This one may have bit you.
Are student loans outstanding?
than you have pay back
Can a 23 year old full time student be forced out of the house in Alabama?
Yes, parents are only legally responsible for minors.
If you have outstanding student loans and die is the estate charged for the student loans?
Actually, that's not true - student loans are forgiven when the student dies.
