Consolidating student loans after
Whoever has their name attached to the loan is the one who will suffer if any payments are missed. “Let’s say you agree to some arrangement and it’s part of your divorce decree,” Accredited Investment Fiduciary Charles C. “That’s great, but the lender doesn’t have to abide by it.
Any debt incurred before you got married remains your debt, unless you consolidated or refinanced with your spouse during your marriage.
It can get tricky, so listen closely – here’s what happens to student loans in a divorce.
The bottom line with student loan debt is: Even if your ex agrees to help pay off your student loans, you need to double check that they’re making payments.
If both your names are on the loans, things become a bit more complicated.
Some couples refinance or consolidate their separate student loans into one during their marriage.