YES the lender can garnishee the co-signor (NOT co-signors spouse) as well as the signor. Just as the lender CANT garnishee your spouses wages. ONLY those signors of the contract are subject to any collection activities.
The maximum number of cosigners allowed on a mortgage typically depends on the lender's policies, but it is usually limited to two cosigners.
Yes, it is possible to have two cosigners on a mortgage. Having multiple cosigners can help strengthen the application and increase the chances of approval, as it shows additional financial support and responsibility.
It depends on how your father's death, the repossession, and the cosigners credit are corelated.
i have no idea
no
both owner cosigners credit will be affected both owner cosigners credit will be affected
no, he is your husband so they wont ask you to testify unless you decide to do so yourself.
American cosigners have varied experiences, with some reporting positive interactions and successful outcomes, while others express frustration with the process and financial implications.
Yes. It's not always the landlord that owns the apartment block, but a company and he has to go by the rules. The company has a right to a degree to decide who to rent too and refuse cosigners.
I'm sure that it has probably occurred somewhere that a spouse has successfully charged their spouse criminally for adultery, but most such cases, if they go to court at all, usually end up in divorce court instead, and are stttled in civil court.
Abandonment is knowing relinquishment of one's right or claim to property without passing rights to another and with no intention to reclaim possession. Deserstion of one's spouse or child.
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