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If a U S citizen left the country seven years ago and did not repay his student loan is he still liable?
Wiki User
∙ 8y ago
Yes. They are certain liabilities, which include federally guaranteed student loans, child support obligations, and unpaid tax liens, which have no expiration under statute of limitation laws.
See the FCRA 15 USC section 1681c(a) and the Higher Education Act 20 USC 1080a(f) and 20USC 1087cc(c)(3).
Wiki User
∙ 8y ago
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Are spouses liable to repay student loan debt?
The only people liable for a debt are the ones who agreed to pay it, the original signers of the loan documents. Of course in the event of a death there could be a claim filed against the estate.
Do you have to repay a federal student loan?
Everyone has to repay the federal student loans. However some people are eligible, dependent on the job that they get after graduation, to have loan forgiveness for a portion of their loan. In that case they will only have to repay the portion of the loan that is not forgiven.
If you cosigned a private student loan for your daughter at which time she was 19yrs of age who is legally liable to repay the loan back?
If you co-signed a loan, you are fully and equally responsible for repaying it until such time as it is fully paid off or forgiven.
Do student loans automatically come with filing bankruptcy?
Federal Student loans cannot be discharged in bankruptcy. You must repay them.
What happens if you cant reach the student to repay your loan?
If a student is unable to repay a loan, then he or she should first talk to their lender. This will give the person a better chance of reaching an agreement, rather than ignoring the payments and defaulting on the loan.
Can student grant monies be garnished?
No, grant money is free money. You do not need to repay it.
How do you prequalify for a home loan?
depends on the loan firm but for KANE HOOD FIRM you jusst need to be a citizen of any country as you can repay your loan within ten(10) years you can reach them via morgageinvestmsnt@gmail.com
Am I responsible for Joint credit card debt?
Yes. If a couple, or two people jointly opened a CC account, then they are both liable to repay the debt. If one fails, even if subsequently divorced, the other is still liable to pay.
If a minor defaults on a loan does the guarantor have to repay the loan?
The guarantor is liable to pay the entire loan on demand of the creditor plus any collection fees.
Can student credit cards be used to repay loans?
Whether or not a you can repay loans with a credit card depnds on the policies of you debtors. You can pay some student loans with a credit card, if you are in default. However private lenders are under no obligation to accept credit card payments.
What country had to repay the cost of war world 1?
Germany
What happens if you get a student loan and then decide not to go to school?
Probably nothing PROVIDED you pay back the loan. It depends upon whether it was a condition of the loan that you DO go to school. In any event, whether or not you go to school, by its very nature it is a student LOAN and not a student GIFT so you must expect to repay it - one way or another. By its very name it is a student LOAN and not a student GIFT. So whether or not you actrually go to school you will have to repay it. What ELSE did you imagine?
