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View Full Version : If a cosigner on a student loan passes away, is the spouse responsible for payment


daisymay54101
Jun 14, 2010, 02:39 PM
My husband cosigned on a sallie may loan for daughter going to college. He passed away 3 years ago. Am I responsible for this debt if she misses payments?

ebaines
Jun 15, 2010, 05:56 AM
You are not responsible if you did not co-sign the loan. However, your husband's estate is responsible. So if he had any assets at the time of his passing - including such things as investments, retirement account, checking or savings account, cars, boats, etc then the loan agancy can come after those items.