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If you get married will your wife be liable for your present student loan debt?
This depends on the structure of the loan, who it is received from, where you are lving, where you are marrying, and several minor factors. In some case, your partner will not be liable for the loan, as it your own personal contract and they cannot enter it. In others, your debts are pooled.
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.
How long after the borrowers death is the co signer liable on a loan?
Until the loan is paid.Until the loan is paid.Until the loan is paid.Until the loan is paid.
Where can I find an accurate calculator for student loans?
The student loan payment calculator is very on point student loan calculator Topic: student loan calculator and accurate. You will be able to see how much you can get on your loan and how long you can keep it.
How long does a co signer stay on a student loan?
As long as the loan is in force (until the loan is paid off)
If a cosigner files for bankruptcy does it put the primary signer under bankruptcy too?
No, the primary signer is still liable. But if a loan is not dischargeable, such as a student loan (actually is is extremely hard to discharge), both the primary and co-signer will STILL be liable after the bankruptcy
If cosigners for student loan miss a mortgage payment will this affect student loan?
As long as loan stays current, credit & other obligations irrelevant.
How accurate is the student loan payment calculator?
The student loan payment calculator is very on point and accurate. You will be able to see how much you can get on your loan and how long you can keep it.
If a third party makes payments on a student loan or donates money to help someone pay off his or her student loan debt is the dontation tax-deductible?
No. That's considered a gift, not a charitable donation. You might actually be liable for a gift tax.
What is the purpose of a student loan calculator?
A student loan calculator's purpose is to estimate the size of your monthly payments when you get a student loan. It will also help you find out how much you will end up paying in interest and how long it will take to completely repay the loan.
How long does it take to pay back student loans?
Loan Calculators You can use this student loan payoff calculator to estimate how long it will take to pay off your student loans. Use this tool to determine how quickly you'll pay off your student loans. By making a higher monthly payment, you can shorten the length of your loan.
How long does a student typically have after graduating to begin a Stafford loan?
The student usually has six months after graduation to start repaying a Stafford Loan.
