What Happens to Your Student Loans After You Die?

If you’re struggling to pay off your student loans, you might be wondering who will have to pay those loans back in the event that you or a loved one passes. In general, federal student loans (whether signed with or without a co-signer) are discharged upon one’s death. Private loans, however, will largely depend on the student loan contract, but it is likely that either a co-signer or spouse will be liable to pay the debt. If the contract was signed independently, no one but the borrower is responsibly to pay the debt.

If you would like more information regarding this or other estate planning matters, contact Maryland probate administration lawyer Stephen J. Reichert at 410-299-4959, sreichert@reichertlegal.com or by clicking here. for a free, confidential conversation.

Mr. Reichert can administer probate on behalf of the estate or at a modest fee he can be of assistance to the Personal Representative as assistance is needed. For example, he can be available to give the correct legal answer and review or prepare probate filings.

Day, evening and weekend appointments are available in office or at your residence. Mr. Reichert personally serves clients throughout the entire state of Maryland including the Baltimore region: 21206 Raspeburg, 21207 Gwynn Oak, 21208 Pikesville, 21209 Mt Washington, 21210 Roland Park, 21212 Govans, 21213 Clifton, 21215 Arlington, 21217 Druid, 21222 Dundalk, 21223 Franklin, 21224 Highlandtown, 21225 Brooklyn, 21226 Curtis Bay, 21227 Halethorpe, 21228 Catonsville, 21229 Carroll, 21230 Morrell Park, 21234 Parkville, 21236 Nottingham, 21237 Rosedale and 21239 Northwood.

Attorney Reichert looks forward to assisting you with your probate needs.

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