You may be responsible for the difference in what you owe on the home and what the bank is able to sell it for. You are not still responsible for the payments.
yes you may not spend these payments. YOu wil have to pay back.
The court still has to order the payments, but the court can go back in time, to when the child was born for example, and "start" your payments from back then.
If there is a support order in affect the obligated parent is responsible for keeping payments current and paying any arrearages. If the order was mandated after the divorce decree and the couple lived separately there may still be arrearages for support that the non custodial parent is responsible for paying.
Most states do not have a cooling off period. Witch means that if you buy a car and then change your mind you are still responsible for making the payments. If you fail to make the payments your vehicle will be repossessed and sold to satisfy the lean holder. So no you will not get your money back, in fact you may have to make up the difference if the car sells for less than the loan amount.
Did your parents get loan and the car for you with the intention of you paying the payments? Then yes, you are responsible. Use this opportunity to help get some credit in your name. Pay the payments by checks on time, and when you need some credit you can show the cancelled checks or your bank statements with the same payment amount being taken out of the account monthly. A lender will take that in consideration. No. You're not responsible for the payments. If you don't pay, then you are a car thief. They can report the car stolen, and you go to jail, and they get their car back.
depends on contract, if your up to date on payments they usually wont. if you pay in full at time of purchase it wont be a problem
No, because you are meeting the requirement's of the loan. It is when you stop paying the loan payments that you loose your house. Then, they have a reason to get their money back.
You will still be responsible for the contract terms regardless of whether or not the repossession is voluntarily done by the borrower or by the lender for default. The exception is, of course, working out some other agreement with the lender, but that seldom happens.
Yes you can, however you still must pay back the balance of what you still owe.Yes you can, however you still must pay back the balance of what you still owe.Yes you can, however you still must pay back the balance of what you still owe.Yes you can, however you still must pay back the balance of what you still owe.Yes you can, however you still must pay back the balance of what you still owe.Yes you can, however you still must pay back the balance of what you still owe.
Your dependents may, provided the payments have been paid seperately previous to your incarceration. You, however, will not receive payment, and any payments you receive while incarcerated, you may be required to pay back.
Yes.
You have to get current on your payment, plus the repo fees, plus the repo agency storage fees. And you have to do it before the lienholder gets impatient and auctions off the car - once that's done, you're still responsible for the remaining balance.