Canada Student Loans
Is the debt forgiven or does the household have to pay.
What do you mean by the Estate?
Answer by shizzle
the debt is placed against the estate – if there is no money in the estate, then the debt it forgiven. so, in other words, no, the family does not have to pay, but the income will be taken out of the estate first (if there is 1).
Answer by Alex K
Family only pays is they co-signed for the debt. Otherwise the estate of the dead individual will use any assets to repay the debt, if there aren’t any, the debt goes unpaid.
What they mean by the estate is that if they have any assets such as property or bank account that can be liquidated to pay for the student loans.