Disability does not negate the responsibility to pay for a loan. A defaulted loan can damage your credit and yes, the creditor still expects the money.
Sometimes an attorney or Consumer Credit Counselor can help smooth the way when dealing with a creditor.
leases
Commercial leases are generally locked up for a much longer term then residential leases, and it's much, much harder to break a commercial lease. One big difference between commercial leases and residential leases that a lot of people don't realize is that commercial leases are not subject to many of the consumer protection laws that residential leases are. Make sure you know what you're getting into before signing. Most commercial leases are NNN which require the lessee to pay all utilities, insurance, and property taxes. Most residential leases are on a Gross rental basis and do not directly pay NNN charges. Commercial Appraiser http://www.harriscompanyrec.com
Shawn D. Halladay has written: 'A guide to accounting for leases' -- subject(s): Accounting, Industrial equipment leases, Leases
Not on personal leases, sometimes on business leases (as an expense).
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Two types of leases are the open ended lease and the fixed term lease.
Two types of leases are the open ended lease and the fixed term lease.
No
Malcolm Brahams has written: 'Commercial leases' -- subject(s): Commercial leases '\\'
Shiel Kerr Macmillan has written: 'Law of leases' -- subject(s): Leases
The advantages of having rent leases are that you spend less money instead of having a mortgage. The less money you spend, the better. Rent leases are very flexible with different incomes as well.
No