Federally Guaranteed student loans are linked to the borrower by their social security number. Only the person listed on the loan by SS# is obligated to repay the loan, not spouses, parents, children, or anyone else.
no she cant be because she did not take out the loans out
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.
If the student loan is a federal loan and not a private loan then the answer is no. Federal student loans can not be included in bankruptcy, you will always be responsible for repayment of FEDERAL student loans.
I was a university student when I married my illegal immigrant husband. It made no change in my student loans at all.
Normally a surviving wife will inherit both the assets and liabilities of her husband, including bank loans. Marriage is an economic partnership.
yes
In the US, yes you can. If you want help with the consolidation of your husband's defaulted student loans, click on the link below.
In a case of a divorce , and the court has decided that the husband has nothing to do with the family , as he has given them each their share . He can then apply to the bank and give a copy of the divorce as a proof amnd then the bank may ask the mother to sign instead.
The stepson should be the one responsible for the car loan. If your husband cosigned on the car loan, then you need to contact an attorney on this one.
Actually, that's not true - student loans are forgiven when the student dies.
In most states, YES
Most loans require students to pay back the money as soon as they're out of college and have a paying job. If a parent wants to pay back the loan their student has took out, then the student won't have to pay. However, students are responsible for paying back loans like the Wells Fargo Student Loan.