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Generally, private student loan companies do not forgive loans due to the death of a cosigner. In fact, the loan may require immediate full payment or go into default when you die if the contract ...
For student loans, it greatly depends on the loan — for example, federal Parent PLUS loans discharge the debt when a cosigner (or parent) dies, while private student loans may require full ...
Student loans. Federal student loans are generally forgiven upon the borrower’s death. Some private student loan companies forgive loans if the student dies. Check with your loan servicer if you ...
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Being a co-signer on a loan for the deceased, where there’s outstanding debt Living in a state where the law requires surviving spouses to pay particular kinds of debt. This is most common in ...
Here are potential ways to get out of being a loan co-signer. Check for a Co-Signer Release Option Especially if you co-signed a car or student loan, the loan contract might mention a co-signer ...
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