Author Topic: Parents 'forced' to pay student loan for deceased daughter  (Read 2821 times)

FIPurpose

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Parents 'forced' to pay student loan for deceased daughter
« on: August 06, 2014, 09:43:08 AM »
http://www.foxnews.com/us/2014/08/06/california-couple-struggling-after-being-forced-to-pay-deceased-daughters/

Lessons from this article:

1. Never co-sign a loan.

2. If you break number one, please protect yourself with life insurance.

sheepstache

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Re: Parents 'forced' to pay student loan for deceased daughter
« Reply #1 on: August 06, 2014, 10:04:36 AM »
For the sake of not having redundant posts I'll point out this is already being discussed here:
http://forum.mrmoneymustache.com/welcome-to-the-forum/couple-struggling-after-being-forced-to-pay-dead-daughter's-student-loans/?topicseen

FIPurpose

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Re: Parents 'forced' to pay student loan for deceased daughter
« Reply #2 on: August 06, 2014, 10:08:33 AM »
Gah I even looked for it but not in that section. Ahh well.

robotclown

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Re: Parents 'forced' to pay student loan for deceased daughter
« Reply #3 on: August 06, 2014, 01:51:10 PM »
Rule 3:  Don't sign things that you don't understand.