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It sounds like all this would have been avoidable and now it's up to your cousin to deal with her spilled milk....don't loan her any $$$$.

If she didn't pay them she wont pay you. I'd stay clear. I borrowed money for a place from a bank years ago. I'll never forget what the banker told me when I got the loan. "Pay for the roof over your head first".

I got myself into debt when I was 20. I rented a flat that was too expensive and was very naive in regards to living costs.
Learning experience for sure. Spent years working the debts off and now never have credit. Everything is paid for upfront. 
Some people are just stupid. I don't get it either. It's their problem, let them fix it, just as I did. There is a difference between helping someone that will use that boost to make changes in their life or to get started with life. Then there are others that will leach off anybody whenever they can.

They have no morals or in complete denial. Sorry about my opinion on this matter.
I would never take a holiday, eat in fancy restaurants and miss my payment. I often have to really plan my meals and eat my sisters kids and my cousin kids left overs to save money. I go without to keep a roof over our head, they are not on their knees and if people keep bailing them out they won't learn. Bit convenient the time of asking, don't do it.

Nope. They got themselves into this it is their responsibility to go get jobs and handle it.
What you mentioned here is what we’re argue all the time in this house.
My Husband would finance everything if i would let him, "because he can afford it“. In my mind i can only afford something when i have all the money in hand - literally (except a house).
Even after explaining him how dangerous this way of thinking is he is completely in denial your Cousin and Aunt probably live with the same mindset otherwise they would be long done paying it off after all those years.

That's just entitled behavior that I absolutely detest. It's fine to keep your liquid cash and pay off debt gradually as this improves your Cash-flow. Most companies do it like that. It especially makes sense where a cash payment is very large like a mortgage Personally I prefer not to have any debt.

I think it is all a matter of perspective. From the perspective of those that would rather have debt but money in savings it is just crazy to me. We have a friend (ex soldier from the US Army). One of the benefits of serving is the GI Bill, it is for college tuition and expenses. So he decides to take out a student loan. He put the loan in bank and pays the monthly payment. What!? He already has an MBA but has never had a real job outside the military. What good was getting that degree? I guess he could use it if he runs out of toilet paper. In the meantime he has accumulated a butt load of debt but he has cash in the bank. It must be a mental thing. I just don’t get it. And in the matter with your cousin and your aunt, I’ve been in that situation too. Don’t fall for it. They need to be responsible for themselves. It is not in you too bail them out. And I would be pretty resentful if they were begging me for money to save their home yet going on vacation. Just stand back and let the chips fall. They know the right thing to do to save themselves. It is not your responsibility. I have had to learn this the hard way. It never stops.

If they haven't worried about paying for their home, then they definitely will not be worried about paying you.

One thing I learned many years ago and live by still: When you begin to accumulate any size able amount of savings, priority number one is to not let anyone find out about it, especially family and friends. They'll come out of the woodwork wanting to "borrow" and will have countless reasons why they need it way worse than you. So no matter how much you get saved up, my advice is always make it appear you are just barely getting by.

That is true. I’ve been stung a few times when I was younger. Money isn’t worth the anguish of trying to get it back. Then I became the villain in the storyline. So now I give the money, if I have it. With no expectations of getting in back any money.

 I agree. I like that old saying, if you can't afford to never see it again, you can't afford to loan it. So if you can afford to never see it again (and don't mind never seeing it again) then why not just gift it? The tension of family and friends owing each other money just ain't worth it. I think it was Dave Ramsey that said Thanksgiving dinner just doesn't taste the same.

They spend money on a holiday and meals out but not to keep a roof over their heads?
If you lend them cash, it is gone! Permanently.
Years ago a friend asked me to lend her money for an eye operation, I asked her to come and see me to discuss her situation.
She turned up late as she'd been clothes shopping, a lovely new jacket, shoes and handbag.
Needless to say, I did not let her have my hard earned money!

Flashing back to when I "loaned" a friend money to pay rent ( this girl never paid me back ) and a few days later she showed me a pretty orchid she had just bought. I just....what???

There’s a lack of education on debt and how to avoid it. here in New York I went to public school and college and not a single teacher of mine taught anything, not even an hour long workshop on loans, debt, interest rates. etc.
also social media isn’t real life. when we see posts on social media we’re not seeing motivation or what else people are going through.
many people eat out because they’re too exhausted to cook for themselves. capitalism is extremely taxing.
as far as the limited info we have about your cousin it sounds like she can continue her lifestyle without making sacrifices so maybe the debt number isn’t scary to her. we know people like this who continue to ask for bailouts , and go on vacation. on paper they have less money but in real life they seem to enjoy themselves.

Smart you ! she's such a stupid woman..
No way I’d lend someone who eats out and can go on vacation money, she needs to change her priorities x.

If they have the money in a CD then they have it and they don’t need you. If the mortgage is at the same bank where the CD is then something would definitely be done. Don’t take over their mortgage to buy the house either, you’ll never get rent and you’ll never get them out of the house. Let her pawn whatever she has for that week if she’s insisting on having the CD mature.

I agree all the way from the information I was given, the bank sent the mortgage to a collections agency and the agency has been contacting them for months but now that everything is going back to normal (covid 19 desease caused by the virus Coronavirus) they want the money now. I didn’t lend them the money but my mom (my aunts youngest sister) caved and asked my dad to loan my cousin the money.

Don’t loan the money and expect to get it back. My husband and I loaned $7,000 to friend to help her out. She took it and used it to decorate her house. Sold it and never gave us a dime back. We lost the friend for life and got a hard to believe experience and a good lesson learned.

Yep never loan money to anyone if you don't want one big worry.
Loaning money gives the borrower amnesia.

I’m so sorry.  I learned that too when my husband at the time asked me if I would loan his dad $2,000. We had a written agreement and everything before we gave him the money. He paid back half of it but never paid back the other half. I was 19 at the time so I’m glad I learned that lesson early on.