Son’s dead but his debt is alive

While debts are to be repaid, this one seems like an undue hardship on a family with an income of about $22,000 a year.  The son who died was the first member of this family to attend university so there was a lot of hopes pinned on his success.  Like any parent, the father was prepared to do anything to help his son achieve his dream and co-signed a private student loan. The son is dead and the debt must be repaid. Unfortunately, in the USA student loans are exempt from bankruptcy.  The article below is an interesting read, I highly recommend you take a look at what can happen in life and learn the lesson here:


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