Anyone
married after the loan was signed for will generally not be liable for the loan.
The younger spouse is no longer forced to leave the home at the time of passing of the older spouse provided that the younger spouse was a non-borrowing spouse when the loan was originally taken out (would not be the case with a spouse who
married after the loan was already in place) and that the spouse still resided in the home and the title passed to the remaining spouse.
Not exact matches
Pickel was 36 years old, an employee at a savings and
loan bank, and
married with four children when,
after working a late night preparing files that he says probably netted the bank about $ 15,000, his boss chastised him for leaving the light on in the executive washroom.
A VA streamline refinance is typically not available when the deceased veteran was the only one of the original VA
loan, even if he or she got
married after buying the home.
I am 30,
married, and my husband and I both went to grad school (he went full time
after a layoff - so a solid 2.5 years of no job for him, I went part time at night but still have
loans) and are paying off a massive amount of
loans at a decent clip - but this limits how much we can sock away each month.
In my first week, I reported 5 men who were scammers who wanted off the site with the first note, and within 48 hours asked for money, one asked me to take a
loan against my house
after saying he wanted to
marry me the first day... too easy access for someone who is in for an easy hit before a credit card can be found out to be stolen... and Christian Mingle will not refund my money for membership and I used the site only 1 week... RIP OFF
Ok, so there was this time I
married Jennifer Aniston and she paid off my student
loans and we lived happily ever
after... Yeah, you too?So goes the near myth of student
loan forgiveness.It partially exists, so I'll get the easy part out of the... [Read more...] about Student Loan Forgiveness and Unicorn
loan forgiveness.It partially exists, so I'll get the easy part out of the... [Read more...] about Student
Loan Forgiveness and Unicorn
Loan Forgiveness and Unicorns...
In the meantime, HUD has issued a ruling essentially saying that for reverse mortgages closed
after August 4th of this year, a non-borrowing spouse can remain in the house
after the borrowing spouse dies, assuming the couple was
married at the time of the
loan closing, occupied and continues to occupy the house as a primary residence and the non-borrowing spouse is listed on the
loan documents.
For example, based on the recent HUD ruling, someone who
marries a reverse mortgage borrower
after he or she has taken out the
loan or a child of the borrower who had been living in the home would not be entitled to stay on without repaying the
loan.
I got
married 8 months
after becoming debt - free and started tackling my husband's $ 100,000 in student
loans — starting with a big $ 10,000 hit.
A VA streamline refinance is typically not available when the deceased veteran was the only one of the original VA
loan, even if he or she got
married after buying the home.
After contacting the IRS, we found that someone took out a fraudulent student
loan using my former
married name.
One very useful and important tip if you're ready to get
married but you feel anxious about not paying off your
loans first: use the budgeted money for your wedding savings to accelerate your payoff
after you're
married.
We will be paying down my girlfriend's student
loans after we get
married to free up cash flow then continue to attack retirement even more aggressively!
After the divorce, I called direct
loans to unconsolidate our
loans & was told it could not be done & they no longer allow
married couples to do so because of possible divorce.
If you took on student
loan debt
after you were
married, then the division of debt becomes more complicated.
Mortgage insurance (or funding fees for government
loans) for
loans taken
after 2006 as long as your adjusted gross income does not exceed $ 100,000 for a
married couple (half that for singles and those
married filing separately)
However, if you jointly applied for any credit cards or
loans with your spouse while you were still
married, then those joint accounts will most likely show up on both of your credit reports, even
after your divorce is final.
MY son
married to a person who never made a payment to the student
loan after they were suppose to get a refund the student
loan came out the refund.
If you are
married and default on the
loan / credit, the bank can go
after you and your spouse.
Other times you should update your beneficiary include getting
married (add your spouse), getting divorced (subtract your spouse), when buying a new home or car (to make sure your wife is the primary beneficiary in case she needs to make
loan payments), or
after having a child (same, but for paying for college).
For example, if you and your spouse take out a car
loan while you are
married, you are both legally responsible for paying that
loan after divorce.
A VA streamline refinance is typically not available when the deceased veteran was the only one of the original VA
loan, even if he or she got
married after buying the home.