I'm recently divorced and trying to work out the logistics of student loans and payments. Both of us incurred the loans prior to marrying. At a point after marrying, we consolidated the loans through Navient and have managed through one payment and it's under both our names now. In the divorce decree we agreed to only be responsible for our share that we came in with. I'm on the very low end and could easily pay my debt off quick. He however may not pay his off for many years, if ever. If he were to pass and his part is not paid, will it be my legal responsibility to pay the debt? Or will it be cancelled because the student that incurred the debt passed away? Thanks in advance.
My opinion; since you consolidated the loans while married and presumably co-signed for the same, if she dies or defaults on her portion, they can come after you for the money. The fact that your divorce papers makes her responsible for her portion, is ONLY binding between the two of you, and not to any third party creditors.
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