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Probably, especially if you live in a community property state.

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โˆ™ 2007-05-28 22:03:31
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Q: If your wife takes out a student loan are you responsible for that loan in any way?
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If a parent cosigns a student loan and remarries is the wife responsible for the loan when the parent dies?

Probably not, unless it's a private loan and they live in Wisconsin.


Who is responsible for a loan your wife took out in Oregon?

Your wife and anyone who signed as comaker on that loan.


Can a wife get a student loan if her husbands student loan is in default?

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.


If My wife and I are co-signers on a car loan and We can't pay for it and I am disabled but My wife works will She be liable?

Your wife is responsible for the repayment of the loan. The reason lenders require co-signers is to increase the probability that the loan will be paid. Co-signers are equally responsible for repayment.


Is my wife responsible for my debt even if she did not co sign on the loan?

If she did not Co-Sign and her name is not legally attached to the loan, then you are soley responsible for the payments. Not her.


Can the government take your income tax refund if your wife owes a student loan?

Yes


Is a wife responsible for a husband's student loans in a divorce in PA?

no she cant be because she did not take out the loans out


Is a husband liable for a student loan for his stepson if his wife cosigned for the loan and it has not been repaid?

No. In community property states spouses are sometimes responsible for debts incurred by the other spouse even if the debt is not joint. However, such marital debt laws would not apply in the situation cited. The husband would not be responsible for repayment in case of default nor would his credit be damaged with the exception of possible problems when applying for joint credit with the cosigner wife.


Will your wife have to pay if you file bankruptcy?

If her name is on a loan that you file bankruptcy on than she would then be responsible for that loan. Filing a bankruptcy only gets your name off the loan(s), you would both need to file together.


If you are divorced and both you and your ex-wife are responsible for your own cars but you lost your job and your car got repossessed is she responsible if both names are on the loan?

Yes unless responsibilty for certain debt is clearly stated in your divorce papers. If her name is on the loan as co-signor then yes she would be responsible.


If your wife included a joint car loan in her bankruptcy but you did not file bankruptcy are you still liable for that loan?

You will be responsible for the whole debt since you are the only one capable of paying the debt after your wife's bankruptcy.


If your wife is granted chapter 7 and both of your incomes were on the chapter 7 can they make you pay the car loan?

I'm not clear what you mean by "both of your incomes". But it seems your saying your wife was he only one who C-7, which means received discharge of debt. Hence, if you were on the loan, it would seem you are still responsible for the loan.


If a husband is the primary on a loan and the wife is co-signer and they divorce who is responsible for a repossession?

Both, and the judge or attorneys on both sides will come to a conclusion on who pays what. Both are responsible though. If the wife was a home maker the entire marriage you might be in trouble.


Is wife responsible for any debt if the husband cosigned a loan for their son in a divorce?

It's up to the judge and the laws in your state, but probably not. Likely you will be responsible for your exclusive debt, she will be responsible for her exclusive debt, and you will split shared debt and assets.


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.


If a husband has a student loan his parents cosigned for is the wife responsible for repayment of the loan if it should go into default?

obviously the husband is yours? and the parents who co-signed are his? and you are the wife? If so, then no you are not responsible in any way. Your credit can't be affected, your assets can't be taken, you can't be sued, and won't have to pay anything in the event you divorce. If he took out the loans after you married, then in the case of divorce he could press for the judge to request you pay half of the debt and in most cases he will if you live in a community property state. If the loan was made before the marriage the debt is the sole responsibility of the person making the loan. If the loan was made during the marriage and the couple reside in a community property state the debt is joint, even if they were to divorce the student loan debt and all other debts and assets would be divided equally. In some states an "innocent spouse" defense can be used pertaining to certain type debts, such as student loans, gambling debts, and so forth. Wisconsin is one "CP" state that is quite liberal in the application of the innocent spouse rule .


Does the spouse have to sign the mortgage in PA-Hubby is the one on the mortgage but bank states wife has interest in property so she must sign. Does that mean she has to be a co-applicant?

Yes. If the husband and wife own the property then the wife must sign the mortgage in order to grant the lender the right to take possession of the property by foreclosure if the loan isn't paid.The note is a separate instrument in a mortgage transaction. The note sets forth the terms of the loan and must be signed by the responsible party. In some cases the lender will allow only one party to sign the note and only that party will be responsible for paying the loan. However, if real property is used as security for the loan both owners must sign the mortgage.Yes. If the husband and wife own the property then the wife must sign the mortgage in order to grant the lender the right to take possession of the property by foreclosure if the loan isn't paid.The note is a separate instrument in a mortgage transaction. The note sets forth the terms of the loan and must be signed by the responsible party. In some cases the lender will allow only one party to sign the note and only that party will be responsible for paying the loan. However, if real property is used as security for the loan both owners must sign the mortgage.Yes. If the husband and wife own the property then the wife must sign the mortgage in order to grant the lender the right to take possession of the property by foreclosure if the loan isn't paid.The note is a separate instrument in a mortgage transaction. The note sets forth the terms of the loan and must be signed by the responsible party. In some cases the lender will allow only one party to sign the note and only that party will be responsible for paying the loan. However, if real property is used as security for the loan both owners must sign the mortgage.Yes. If the husband and wife own the property then the wife must sign the mortgage in order to grant the lender the right to take possession of the property by foreclosure if the loan isn't paid.The note is a separate instrument in a mortgage transaction. The note sets forth the terms of the loan and must be signed by the responsible party. In some cases the lender will allow only one party to sign the note and only that party will be responsible for paying the loan. However, if real property is used as security for the loan both owners must sign the mortgage.


Is a wife responsible for a repossessed car if husband cannot pay balance due to not having a job?

It depends whose name is on the loan. If it's just the husband, then no. If both names are on the loan, then it affects both people.


My wife died and I signed the mortgage but the loan was in my wife's name. Am I responsible for the loan balance?

If you didn't sign the note then you are not responsible for paying the balance. If the loan isn't paid the bank can take possession of the property by foreclosure. That's why the bank required that you sign the mortgage even if you didn't sign the note. See related question link for more discussion of note and mortgage.


If an ex wife takes a car with her name on the loan and does not make the payments can the bank give it back to the husband so he can pay for it?

IF her name is on the TITLE, she can take it. IF the husband is on the loan, he can make whatever arrangements he and the LENDER agree to.


Can I claim the benefit of housing loan if the property is in my wife name?

Not if the loan is not in your name.


When was Lot's Wife - student newspaper - created?

Lot's Wife - student newspaper - was created in 1964.


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.


If you and your wife have a vehicle together in both your names can one name be taken off the lien?

no because the bank will hold both of you responsible for the loan...unless there is some way to talk to the bank and find out differently. I would try talking to your loan officer or whatever and ask them if the loan could be changed to just on or the other.


What is the duration of The Wife Takes a Flyer?

The duration of The Wife Takes a Flyer is 1.43 hours.