WebFeb 14, 2024 · If you inherit a home that has a mortgage, federal law says the lender can’t force you to pay it off immediately as long as you keep making the payments. If there is a home equity loan on the property, the lender can force the inheritor to repay immediately, but it’s more likely lenders will let the inheritor to simply take over payments. WebOn November 22, 2024, the Biden Administration announced that the U.S. Department of Education will extend the suspension of most federal student loan payments while its student loan debt cancellation program is tied up in the courts. Payments will resume: 60 days after the debt cancellation program is implemented
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