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Is it possible to transfer a Parent PLUS loan from one parent to another?
No, it is not possible to transfer a Parent PLUS loan from one parent to another. The loan is the responsibility of the parent who originally took it out.
Who pays loan on joint account when only one signed for the loan then dies?
I'm not sure if I get the question. Are you talking about having a cosigner orlike in a PLUS loan? If a borrower dies, the loan can be discharged.
You have a Parent loan in your father's name your mother has been paying but is now disabled Do you qualify for loan forgiveness due to hardship with only one working parent?
Your mother is not a legal party to the loan in any way whatsoever. You or the borrower would have to be disabled.
What happens there is one person on the loan and two people on the Deed?
Nothing happens unless that person on the loan does not pay or dies. A real estate attorney in your particular state should be contacted for legal advice. If one of the former occurrences happen, the one not on the mortgage may lose property rights. The lender for the property does not need to accept mortgage payment from the other party since the loan was not with them. Legal and mortgage rights are dependent upon the state. Consult with an attorney to ensure your continuity rights of ownership here.
What happens to the estate of a parent who dies and leaves a lot of debt?
Debts are one of the primary reasons someone should open an estate. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
What happens to federal parent plus loans when the parent dies?
Typically there are only a few ways federal loans can be written off or dismissed. Death or being permanently disabled are a couple of them. If a parent dies, the PLUS loan in their name will be dismissed. No one will need to make payments on it any longer. If his has happened, be sure to notify the lender for the loan what has happened. They will likely ask for documentation of the death.
Is it possible to transfer a Parent PLUS loan from one parent to another?
No, it is not possible to transfer a Parent PLUS loan from one parent to another. The loan is the responsibility of the parent who originally took it out.
Who pays loan on joint account when only one signed for the loan then dies?
I'm not sure if I get the question. Are you talking about having a cosigner orlike in a PLUS loan? If a borrower dies, the loan can be discharged.
Does one sibling living with a parent that dies have more rights than other siblings not living with parent at the time of death?
A parent may leave one child who has been of extraordinary help and comfort a greater share of their estate by will. However, if the parent dies intestate, as often happens, then the property will pass according to the laws of intestacy in your parent's state. You may check the laws for your state at the link below.
In Texas a parent wills their 3 children one third each per stirpes and one child dies without heirs. What happens to the inheritance of the child who died?
That child's interest would pass to any living parent and if no parent to their siblings.
What happens if one robin parent dies?
If one robin parent dies, the surviving parent will likely take on the full responsibility of caring for the offspring. This can be challenging, but the parent will do their best to provide food, protection, and guidance until the young robins are capable of being independent. If necessary, the surviving parent may also seek help from other adults in the area to provide additional support.
What happens when leopard geckos fight?
One of them dies.
You have a Parent loan in your father's name your mother has been paying but is now disabled Do you qualify for loan forgiveness due to hardship with only one working parent?
Your mother is not a legal party to the loan in any way whatsoever. You or the borrower would have to be disabled.
What happens If the leader of Italy dies?
If the Italian leader dies,the government votes to choose another one.
If your baby Tamagotchi dies in the Tamagotchi v4 will the parent have another baby?
The baby tamagotchi cannot die. If it dies, that means the parent is dead too. Only one angel will show up on the screen though
How can foster parents get help with establishing legal guardianship of a child after one parent dies?
THANK YOU
What is loan consolidation?
Is combining all federal educational loans into one loan Consolidation Loans is similar to refinancing a mortgage. Where it's combine several student or parent loans into one bigger loan from a single lender.
