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Can a co signer removed their name from a contract if they have no cause to do so and the borrower did not miss a payment for 17 months?
Wiki User
∙ 9y ago
No. The loan is owned by the lender. The co-signer never has any authority to remove their name from the loan. They need to discuss that matter with the lender.
No. The loan is owned by the lender. The co-signer never has any authority to remove their name from the loan. They need to discuss that matter with the lender.
No. The loan is owned by the lender. The co-signer never has any authority to remove their name from the loan. They need to discuss that matter with the lender.
No. The loan is owned by the lender. The co-signer never has any authority to remove their name from the loan. They need to discuss that matter with the lender.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoNo. The loan is owned by the lender. The co-signer never has any authority to remove their name from the loan. They need to discuss that matter with the lender.
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What can you do if you co-signed an auto loan and three months later you want your name taken off?
The only way to be removed is to have the loan refinanced by the primary borrower without the participation of the cosigner.
Can you switch Verizon phones while your contract is still in affect?
Absoloutley. But, they will charge you for the remaining months you have left in your contract. EX.. you have 2 months left on your contract and you get a new phone for Christmas. However much your monthly payment is for your phone, they will add all of that up and ask you to pay the total in order to use your new phone.
Can they repo a leased car 2 months before the end of the contract with payment schedule in place?
READ your lease. The lender can repo as long as you are in DEFAULT. As long as there is money owed on a contract, the collateral can be repossessed IF the contract is in default. Subject to some state guidelines.
How many months without making a payment will the vehicle be taken?
The finance company has the right to repo a vehicle the day after the payment is due if it is stated in your contract. they usually wait till you are 30-60 days past due.
How much time must the lender allow the borrower before a vehicle is repossessed?
I believe if you haven't paid in three months they can repossess your vehicle in Utah. *The state does not require a Right To Cure notice be sent to the borrower. The lender may recover the vehicle whenever the contract is in default. UCC laws apply, and the vehicle can be recovered by any means that does not constitute a breach of peace. The plates remain with the borrower/debtor.
I am selling a car i haven't recived a payment in 3 months no contract there was a verbal agreement on payment dates what can i do?
If you finalized the transfer prior to receiving payment, you're boned (and really bloody stupid). You will need to go to court. If you haven't finalized the transfer, tell the purchaser you need payment or you will report the vehicle stolen.
Foreclosure - when is earliest point it can happen?
A foreclosure can happen according to the contract that you signed. It is usually only after 3 or 4 months of no payment that a bank or mortgage company will begin to think about foreclosure.
Can you remove A CO signer name after six months?
No, one can not remove a cosigner from any contract after 6 months. The cosigner will have to stay on the contract until the contract is paid.
Can an employee be finished for refusing to do the work they were employed to do and have been employed for under three months?
Yes i believe so, firstly if you dint sign a contract then your job wont be on the books and therefore there is nothing you can do, if you did however then your job description within the contract (that you have already signed) will mean that you have to do the tasks in hand and lastly you can be removed from your position without any required reason for up to 12 months, at the least it is 6 months.....
If a cosigner wants out of the deal several months into a car loan can they have themselves removed without your approval?
A car loan is a contract. A contract can only be modified (unless declared illegal or void) with the agreement of all parties, so - no - the cosigners can not remove themselves without your approval.
What Happens If A Liquidity Event Never Happens?
If 5 years have passed and no liquidity eventhas came about, the borrower would then be obligatory to pay the earnest payment and start making principal payments for 36-60 months until the real estate loan is completely paid back.
What are co-sinors rights?
A cosigner has a right to be released from the loan if the borrower has made on-time payments for 48 months. The borrower will need to sign a release form, however, the lender will have to agree to terms.
