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Can my cosigner file bankruptcy if I die?

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  • Can my cosigner file bankruptcy if I die?


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Answer #1 | 23/12 2013 03:12
Some student loans cannot be included in a bankruptcy. What you can do is get some life insurance with her as the beneficiary. Then if you die - she gets the funds and can pay off the loans.
Answer #2 | 23/12 2013 04:19
mostly study loans are covered with issurane cover ..if you have it then there is no issue..
Answer #3 | 23/12 2013 10:26
Most student loans cannot be discharged in bankruptcy. Term life insurance naming your sister as beneficiary would be a good idea.

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