What Happens to Your Student Loans When You Die? A Lawyer Explains
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- Опубликовано: 29 сен 2024
- It's a question no one wants to think about, but it's important to know: What happens to your student loan debt if you were to pass away unexpectedly? Would your family be burdened with repaying your loans?
In this video, I answer a concerning question from Rick, who worries about leaving his loved ones with massive student debt if the unthinkable were to happen.
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🎥 Credits
• Hosted by Stanley Tate & Emma Head
• Editing by Helena Santín
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Would student loan discharge be a taxable income and IRS would collect from deceased’s estate?
Follow-up question for you. I have a private student grad loan with Navient. When I got the loan in 2009 I had a co-signer. He has recently passed away. I sent the death cert to Navient and they have mailed a statement that states I am solely responsible for the loan. However, his widow states that she is very concerned about Navient coming after his estate in the future if I don’t pay. (She even noticed that the loan is still listed on his credit report) She has lawyers involved and demands that I pay the loan off immediately. Thoughts?