I love the people who say all debts will be forgiven. Unfortunately, there is no past experience of it, only a vague idea for a future event. In the past debts have been sold like any commodity of value, sometimes changing hands many times. So when the SHTF, you may not know who to pay to keep it current. My advice is to keep it current as long as possible and then hold the payments for the time someone comes forward as owning your debt. The silver lining is that you can use devalued dollars to pay your debt at whatever rate you first contracted. It's a bargain.