A federal student loan is discharged at death, apart from two old joint types. A private cosigner must be released on loans signed from Nov. 20, 2018 on.
A debt collector is calling about your dead relative’s debt. You probably don’t owe it. Here’s exactly what to say and what rights protect you right now.
Quick Answer: Inherited debt generally dies with the deceased, but assets like real estate may need to be sold to pay creditors if they were part of the estate. In this case with $33,000 credit card debt, whether the land can be seized depends on how it was legally transferred to the stepmother, requiring consultation …
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