nᴉʍ oʇ dǝnᴉʇsǝd 不能说的秘密 at Tag Team with Gabriel Tham
In a joint tenants situation, touch wood if one of the parent have left, the other party who is usually the spouse will take over the flat and the flat loan if they have Home Protection Scheme "should" be fully paid up.
HPS is compulsory and can be paid by CPF fund or by cash.
HPS will not be in effect if the parents are over 65 year old or due to
they were not in good health before the commencement of HPS cover, or
they provided false or misleading information, or
the claim arose from wars or any warlike operations or participation in any riot
Hopfully that wasn't the case and he just took over theHDB loan due to fillial piety.
The Best Solution to clear this debt is to focus on clearing this debt in 3 years time.
I suggested 3 years so you and ur bf can have an easier time with a lower amount to repay per month.
Hope my reply helps.
If you feel this reply have Quality, please upvote and check other Quality Reply.