If you die and owe a student loan can your house be sold to pay it?

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If you die and owe a student loan can your house be sold to pay it?

2007-07-25 09:05:53 · 2 answers · asked by endlessandtrue 2 in Education & Reference ➔ Financial Aid

2 answers

When you die, your estate is required to pay off debts before anything remaining (if there is anything) can be distributed to heirs or family. So yes, if you own a property, it can be sold to settle the debt.

2007-07-25 16:54:11 · answer #1 · answered by Piggiepants 7 · 1⤊ 0⤋

no me cousin died durin his sophomore year @ college and he owed student loans, when he died the college decided not to bother his family

2007-07-25 16:09:54 · answer #2 · answered by punk_rebel88 2 · 0⤊ 0⤋