16
Jul
Jul
debt and you die, does that debt go away? What happens if someone had 100k in student loans and was married, but that person died. Would the spouse have to pay it? although the two might not have met until years after the person was out of college?
Answer:
Yes of course it dies with you. They write off your losses and move on.
Don't forget to have them bury you face down, so the world can kiss your @ss when you're gone.
Answer:
Student loan debt does not go away easily. If you had completely zero assets at your death, perhaps. However, if someone else was involved, you might not be able to leave them any assets until the debtors got theirs off the top.
Better to square up with the student loan guys faster than to let the student loans live around forever.
I don't have the details of how far a credit card company can reach — I believe less than student loan companies.
Also, the IRS can reach through the tombstone it seems…
Answer:
Your debt becomes part of the estate. It is handled during the probate process.
Answer:
please help with this
http://answers.yahoo.com/dir/index;_ylt=…
Answer:
Good question but I'm not sure….
But please don't kill yourself if that is your debt…not worth it
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on Wednesday, July 16th, 2008 at 3:53 pm and is filed under Personal Finance.
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