Is spouse accountable for husband’s student education loans?

Is spouse <a href=""></a> accountable for husband’s student education loans?

A wife that is concerned focused on her obligation on her husband’s education loan financial obligation in case he becomes deceased

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Our company is presently in a Chapter 13 bankruptcy and paying that down, therefore the looked at more financial obligation terrifies me personally, particularly if he passed away. I will be disabled. Just exactly What duty would we have for their education loan in the case of his death? — Marla

Dear Marla, Most Likely none. Your liability for loans (aside from student education loans) applied for by the spouse is dependent upon whether you reside in community home state (Arizona, Ca, Louisiana, Idaho, Nevada, brand brand brand New Mexico, Texas, Washington and Wisconsin. Alaska posseses an opt-in community home legislation). In non-community home states, so long you can’t be held liable for them as you don’t co-sign your husband’s loan. However in community home states, you may be generally speaking in charge of your debts that are spouse’s when your title just isn’t to them.

Happily, the principles for student loans are very different.

In the event your spouse takes away just education that is federal, you don’t need to worry. Mark Kantrowitz, publisher of and, states, “Federal training loans are released upon death of the debtor.

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