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As a cosigner can you sue the signer for the amount you had to pay off to the credit company if he made no effort to make payments towards the car for the last 4 months until it was repossessed?
Wiki User
∙ 16y ago
That would be something you would have to settle in a small claims court.
Wiki User
∙ 16y ago
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Why don't the credit card company put my payments towards the past due amount?
coz ur an idiot ;)
Can a company take money from your bank account without permission?
It depends. If:you have a monthly loan repayment agreement with the company wherein the company automatically deducts your monthly payments from your savings account oryou have defaulted on your loan payments for more than 2 or 3 months and haven't contacted the company reg. the sameThen, the company can withdraw money from your account (if there is any cash available) towards your loan repayment. Otherwise the company cannot deduct any money from your account without intimating you.
Where can I find a sample of winding up letter?
A winding up letter should include reasons that a company has been delinquent towards their credit payments. It should contain a way to resolve the problem.
What services does the company PreCash offer?
PreCash offers many services, in terms of financial problems. Their main priority is to help their clients with their business solutions, such as making payments towards bills and many more.
Can making a large payment towards your principle lower your car payments?
Yes.
What rights does a cosigner have to gain possession of the vehicle if he paid off the loan without your knowledge and the title is in your name only?
If a cosigner's name is not on the title they have no legal claim to the vehicle. They can file a lawsuit against the primary borrower to recover money that they contributed towards the paying of the loan.
How do you regain possession of car that has been repossessed?
Contact your finance company. They will often give you the chance to get the car back if you pay up to date plus impound fees and usually some more towards your balance.
How can I pay my mortgage off quickly?
The best way to pay of your mortgage earlier is to make additional payments soley towards the principle of your loan. Also you could shave off years of payments by making bimonthly payments.
What is amortization schedule?
a display of the number of payments and the amount of interest that will be paid. If you are interested in what an amortization schedule is, there are many information websites to help you. However, to answer you question, it is a calculator used to calculate loan payments and how much goes towards the interest and how much goes towards the principal.
Can you finance a car while on section 8?
Sure, but your car payments are not going to be a factor towards your income or its deductions.
Do voluntary mortgage payments get recorded as principle AND interest or principle only?
Not sure about U.S.A. loans, but in Canada, if you pay extra towards your mortgage, the entire payment goes towards the principle only. This is, of course, assuming that your mortgage agreement doesn't state otherwise, and that you are current in your regular required payments.
Who is responsible for the tow truck bill after a car has been repo?
Eventually the person who did not make the payments and then had their car repossessed. That bill is the least of your worries. You are also responsible for all other cost associated with the repo, plus the difference in what the lender sells the car for and what is actually owed on the loan. NO this is just flat-out wrong. The finance company that holds the ownership of the car hires a local tow company to collect the car. You do not pay for it. The car will be sent to an auction and the bank or finance company will sell it for what they can. YOU are all done with this car. You will probably get an official looking letter after it is auctioned to tell you what the car sold for BUT YOU DO NOT HAVE TO PAY ANOTHER RED CENT towards the difference. Once they repo it, you are all done with the responsibility for it. Phil
