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Not confident that I understand your post. IF you autrhorized the lender to debit you bank account to accomplish your monthly payments, then yes.
I've not heard of that before. Most auto debts are unsecured.
It depends upon how your loan was positoned. You didn't tell us that --- so we're left to guess.
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∙ 13y ago
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Can a title pledge lender refuse to take a payment?
If the payment is late or not in full, then yes. If the payment is on time and in full, then no.
How quickly will a payment post to your credit card account when you use visa online bill payment options?
a payment will post immediately to your account as long as it was posted before Friday at midnight. if you posted on Saturday it would take until monday morning to post to the account.
Does a quitclaim affect the mortgage?
Yes. Most mortgages have a due on transfer clause. It is meant to protect the lender. It provides that if there is any transfer of ownership, such as by a quitclaim deed, the lender can demand that the full balance of the mortgage be paid immediately. If the transfer goes unnoticed for a time, the property transfers subject to the mortgage and full payment will be demanded when the lender is notified. If the mortgage isn't paid the lender will take possession of the property by foreclosure.Yes. Most mortgages have a due on transfer clause. It is meant to protect the lender. It provides that if there is any transfer of ownership, such as by a quitclaim deed, the lender can demand that the full balance of the mortgage be paid immediately. If the transfer goes unnoticed for a time, the property transfers subject to the mortgage and full payment will be demanded when the lender is notified. If the mortgage isn't paid the lender will take possession of the property by foreclosure.Yes. Most mortgages have a due on transfer clause. It is meant to protect the lender. It provides that if there is any transfer of ownership, such as by a quitclaim deed, the lender can demand that the full balance of the mortgage be paid immediately. If the transfer goes unnoticed for a time, the property transfers subject to the mortgage and full payment will be demanded when the lender is notified. If the mortgage isn't paid the lender will take possession of the property by foreclosure.Yes. Most mortgages have a due on transfer clause. It is meant to protect the lender. It provides that if there is any transfer of ownership, such as by a quitclaim deed, the lender can demand that the full balance of the mortgage be paid immediately. If the transfer goes unnoticed for a time, the property transfers subject to the mortgage and full payment will be demanded when the lender is notified. If the mortgage isn't paid the lender will take possession of the property by foreclosure.
What happens if a farmer could not make his mortg age payments?
The lender will take possession of the property by foreclosure.The lender will take possession of the property by foreclosure.The lender will take possession of the property by foreclosure.The lender will take possession of the property by foreclosure.
What is hazard insurance for a mortgage?
Hazard insurance protects a homeowner against the costs of damage from fire, vandalism, smoke and other causes. When you take out a mortgage, the lender will require you to take out hazard insurance to protect their investment; many lenders will incorporate the insurance payment into your monthly mortgage payment.
Can my mortgage lender refuse a payment because it is not for the full amount owed?
i am two months behind on my mortgage. can the lender refuse to take one payment?
Can a title pledge lender refuse to take a payment?
If the payment is late or not in full, then yes. If the payment is on time and in full, then no.
How long before they can repossess you car in Virginia?
The lender can legally take the vehicle one day after the payment is due. That is, on the day the payment is late, the lender can begin repossession efforts. The day the payment is late, the contract is void.
What happens if you are late on a payment or stop making your monthly payment on the house?
The lender will begin the process to take possession of the property by foreclosure.
How long after you pay all monies owed on a repo can it take to get back is there a time limit on the company to get your vehicle back to you?
As soon as the payment is recorded to your account and the lender has agreed to continue the loan ( find that out before you send payment ) its yours again, but I would not expect them to bring it to you, you are going to have to go and get it yourself.
Payment of accounts payable will have what effect on total assets?
Payment of account payable will reduce the total assets. When you pay your bills, you take money out of your account.
What will happen if you tear a structure down with a mortgage?
You would still be responsible for paying off the mortgage. It is likely that you will have breached your mortgage agreement. The lender may be able to demand immediate payment in full. If you fail to pay, the lender can take possession of the property by foreclosure. The lender could sue you for any deficiency that exists after the property is sold.You would still be responsible for paying off the mortgage. It is likely that you will have breached your mortgage agreement. The lender may be able to demand immediate payment in full. If you fail to pay, the lender can take possession of the property by foreclosure. The lender could sue you for any deficiency that exists after the property is sold.You would still be responsible for paying off the mortgage. It is likely that you will have breached your mortgage agreement. The lender may be able to demand immediate payment in full. If you fail to pay, the lender can take possession of the property by foreclosure. The lender could sue you for any deficiency that exists after the property is sold.You would still be responsible for paying off the mortgage. It is likely that you will have breached your mortgage agreement. The lender may be able to demand immediate payment in full. If you fail to pay, the lender can take possession of the property by foreclosure. The lender could sue you for any deficiency that exists after the property is sold.
Can you take over a car payment without going through the bank?
You must have approval from the lender in order to take over the payments on a loan.
Can a collection agency put a lien or levy on your bank account and if not what can be done to get the lien release off of your bank account?
Yes, they can. Sometimes, it is written in your contract you signed that you have given them permission to take payment from your accounts if you aren't paying. Otherwise they have to get a judgement. I believe that the levy will not be released until the account has been paid or you make solid arrangements with the lender.
Can a bank go into your checking account and take out my house payment?
If you have authorized your bank to do so by arranging a scheduled payment, then the money will be drawn out and applied towards your mortgage payment. However, if you did not authorize a payment beforehand then a bank will not take money out for the payment.
How quickly will a payment post to your credit card account when you use visa online bill payment options?
a payment will post immediately to your account as long as it was posted before Friday at midnight. if you posted on Saturday it would take until monday morning to post to the account.
What action can a cosigner take to get payment history information from a lender?
The co-signer only has to make a phone call to obtain the history information. Most of this information is automatic--call the lender and use your social security number if you do not know the account number. Ask for a supervisor or loan manager if you are having a hard time of it or if you can wait, request the information in writing.
