It is possible to work out a deal with the bank after it is repossessed. However, a new loan or legal agreement will have to be signed.
At least in Austin, they are paid in arrears.
If interest is accruing that means there must be arrears. The interest will stop accruing when the arrears are paid off.If interest is accruing that means there must be arrears. The interest will stop accruing when the arrears are paid off.If interest is accruing that means there must be arrears. The interest will stop accruing when the arrears are paid off.If interest is accruing that means there must be arrears. The interest will stop accruing when the arrears are paid off.
Arrears
CT real estate property taxes are paid in arrears
Honestly? If the child support is in arrears, it is unlikely to be paid ever. Move on.
NO, they can "attach" the house so that IF you ever sell it, they will be paid FIRST out of the sale proceeds. READ your contract to see what you agreed to when you borrowed the money.
Some do, most do not.
It depends on you locatily, but in general, yes, if you are behind on your payment, your vehicle can be repossessed.
In accounting, 'arrears' refers to debt that is overdue. For example, if someone were making monthly child support payments and skipped a month but paid the rest, the skipped payment would be considered 'arrears'.
When both parties agree its been paid.
Yes and no it depends on the circumstances. For instance is it to a car or home. Anything can be repossessed if not paid for. Also if not repossessed it will have to be paid for if you're in the wrong and the person or company takes the matter to court.
Pay them off. The interest keeps adding up until it is paid. It wil be paid when the house is sold before you see the money.