What is the name of your state (only U.S. law)? Pennsylvania
Hi Everyone,
Need some advice on student debt default. I lived/worked in the US a while ago, but left the US about 5 years ago to work abroad. I still pay my student debt today. My father cosigned many of my loans, but has since also left the US. My question is, if I default on my student loan debt, and they cannot reach me, nor him, is my mother then responsible for the debt as she is the co-signers ex-spouse? They recently divorced, and all of their joint assets have now been split up.
My thinking is that since there are no assets tied to my father (the cosigner), then there is nothing to go after him for. I just want to make sure that legally there is no way that they can go after my mother, who was married and had joint assets at the time of cosigning.
Also, since we're on the topic, is there any way for the US government to actually go after student debt defaulters that have left the country? I know that I won't ever be able to work/live in the US again, but if I never actually have any intention of coming back to the US, is there any worry?
Thanks
Hi Everyone,
Need some advice on student debt default. I lived/worked in the US a while ago, but left the US about 5 years ago to work abroad. I still pay my student debt today. My father cosigned many of my loans, but has since also left the US. My question is, if I default on my student loan debt, and they cannot reach me, nor him, is my mother then responsible for the debt as she is the co-signers ex-spouse? They recently divorced, and all of their joint assets have now been split up.
My thinking is that since there are no assets tied to my father (the cosigner), then there is nothing to go after him for. I just want to make sure that legally there is no way that they can go after my mother, who was married and had joint assets at the time of cosigning.
Also, since we're on the topic, is there any way for the US government to actually go after student debt defaulters that have left the country? I know that I won't ever be able to work/live in the US again, but if I never actually have any intention of coming back to the US, is there any worry?
Thanks