Help Debts

Posts Tagged ‘cancer’

My spouse died June 3rd from pancreatic cancer. we have separate credit cards in our own names etc…I got a letter from his credit card company stating that who ever is taking over his estate has to pay his bill. I am living in the house because it’s in both names. Do I have to pay his bill even though my name isn’t own his credit company even though I am his spouse?

My dad has cancer and my family is making things soooooooo crazy and have him so confused! Telling him he needs a poa but also stating they dint want to receive his debts? Is that the case? Whatever anyone knows it would be greatly appreciated! Thanks!

I’m a little torn about something. My boyfriend and I are serious and are planning to get married someday. I love him dearly, but we are at different places financially. We are both in college. My parents were very good at planning things out, and have made it so that I am going to be able to come out of college debt-free – without loans. My boyfriend, however, has about two years left of school and just started to take out loans. His parents did not save money for his schooling (nor his siblings’), but they are also in a tough spot because his mom died of cancer a couple years ago. I just don’t know how I feel about marrying someone who has tons of debt. I really would like to wait until we are both financially stable. After college, I want to go to grad school right away and get my master’s degree in Education so that I can make more money as a teacher, but my boyfriend thinks I should hold off so that we can pay off his loans. I just think it’s unfair and unreasonable that I should have to work to pay off his loans when he isn’t even a good student, and there aren’t even many jobs in his area of study. Also, I hear that the longer you wait to go to grad school, the harder it becomes. But… I’m open to hearing other people’s opinions – I’m okay with hearing that I’m wrong and not being fair. Has anyone been in a similar situation? Did you marry someone with a lot of debt, how did you work out how to pay it off, and where are you now? Any advice?
In my defense, I don’t know a whole lot about loans in general and how paying them off even works. I really just want to hear how others have figured this out… who pays what and how much? It’s not like I’m not willing to help out once we are married, but I’m thinking grad school for myself before he’s even out of school!