Yes. The banks and credit cards would like all of us to think we have to pay back loans and debts of our parents or spouses, but that is not true. We don't have to pay them.
1.
The debt is thrown out as if it never existed, it does not under any circumstances get passed on to any relatives or significant others.
Answer 2 -- A dissenting opinion.
I have never heard of...
The student loan should be paid out of the estate of the deceased before it is distributed to the spouse. If there isn't enough to cover the debt, the spouse should not be held responsible for the...
If you have a defaulted Student Loan and file joint taxes with your spouse and the Taxes are on a offset list because of a defaulted Student Loan, the government will take the tax return from both of...