Can you stop paying car insurance on a car with blown motor and continue to pay off loan to avoid voluntary repossession in New York?
If your loan agreement requires you to carry ins (most do) and you drop it, then you will be in default of the contract. You better make SURE the payments get to the lender PROMPTLY so they dont take a second look at your record when the ins. co. tells them you dropped the ins.
Is an employer required to continue paying health insurance benefits if an employee is short term disabled in New York?
When paying for Anthem health insurance through your job how do you cancel it when you are are putting your notice to quit in?
If your car was stolen and totaled can the bank list it as a repossession and make you continue to pay insurance on it?
IF the car was stolen, reported as stolen to the cops, the ins. should be paying the loan off. IF the ins. co. does not think the car is stolen, they wont pay and its as if the car was NOT stolen. So, you have to pay notes and insurance on the collateral. Bottom line??? HELP the ins. prove it was stolen and the problem will go away. MERRY CHRISTMAS.
Try being dead. I'm not kidding. If you just stop paying them (assuming you don't have an employer that automatically takes out your taxes) you can look forward to a lifetime of harassment, repossession of your house, a lien against your wages, all kinds of fun stuff. You might have heard that paying taxes is voluntary, and in the most technically legal sense it is, but that doesn't mean you can't get away without paying…
If you voluntary turn back in a financed auto and the auto has been in an accident and you had no insurance coverage what are you libel for?
7 years if there is no "new action" on the particular account. "New action" means if you were to start paying on it or if the financier were to get a Court judgment on the loan. By the way.......A voluntary repossession (turning in the car before it go to collections) is the SAME as a regular repo. It will be listed on your credit in the same manner unless tou have negotiated a new termination…
Yes, unless you arrange for insurance to pay the mortgage in the event of your death. Your son would inherit the property subject to the mortgage. He would need to continue paying the mortgage or the bank will take possession of the property by foreclosure. Yes, unless you arrange for insurance to pay the mortgage in the event of your death. Your son would inherit the property subject to the mortgage. He would need to…
Is it the same thing as repossession if you call the loan company to pick up the vehicle since you can no longer pay for it?
Can anything be claimed after paying supplemental life insurance for nine years and and you've just been made unemployed?
If the life insurance was provided through an employer group policy, the coverage usually terminates when your employment is terminated. Some insurance policies through employer groups could include a portability feature, meaning that you can continue the coverage by paying (sometimes a higher) premium, directly to the insurance company, not to your former employer.
Income tax is not a voluntary process in any way. Paying tax levied by the government is definitely compulsory. Many people have been jailed for not paying income taxes and this would not have been possible if it was voluntary. There have also been many court cases that have resolved anyone who has tried this type of approach to income taxes.
How does one get a repossession off their credit report if they were not responsible for the repossession?
If you buy a car and it quits while you're on vacation and you call the person to come and repo the car in the state that you are in can you be held liable for paying for the vehicle?
Why is the bank reporting a car as a repossession when it was stolen and totaled and you are still paying for it?
In the United States, there is no requirement to have house insurance. However, most banks and lending institutions require you to have insurance while there is an outstanding mortgage on the house. Once you have finished paying off the house, you don't have to maintain the insurance. However, it is a good idea to continue the insurance plan if you can afford it. Without insurance, if your house burns to the ground, you are left…
Yes, but not without your signature. If you had life insurance in force on you prior to your divorce and he was the owner and he wishes to continue paying and remain the benficiary then there is nothing you can do. If you have kids together then you both should have life insurance and name each other as beneficiaries for the benefit and welfare of the children until they are no longer minors. 4lfieguild
Portable supplemental life insurance is any individual life insurance policy that is not taken through an employer group. The employer provided life insurance coverage will be lost as soon as you change jobs, get laid off, fired or if you quit, while the individual life insurance policies will continue to stay in force regardless of your employment situation (providing you are paying the premiums on time).
Yes. In addition to your normal expenses, such as rent, food, insurance and utilities, in a Chapter 7 bankruptcy you must continue paying all of your secured debts, which usually includes debts that are secured by a house, car or furniture. In other words, in order to keep your possessions, you must continue to pay for them. If you are surrendering the item that secures a particular debt to the trustee in order for he/she…
Will a loaner accept a vehicle back voluntary return the payments are not behind will this show up as a repossesion how do you work this outwill calling them to discuss this make it worse?
Any repossession will appear on a credit report, voluntary or not. Where it makes a difference is when the potential new lender calls the original lender and finds out the situation. Lenders don't like vehicles being turned in, but it's like paying taxes, even though it is not what is desired, it happens. Calling them won't necessarily make them mad but be ready for them to try to talk you into keeping the vehicle.
The importance of life insurance is that it provides financial security for the future of those you name as beneficiary on your life insurance policy. Life insurance is a contract that pays out a life isnruance death benefit in return for the premium payments, subject to the terms, conditions, and exclusions in the contract. The life insurance proceeds can be used by the beneficiary for any reason they choose. That means you can name your…
If your health insurance has maxed and is no longer paying but you are still paying premiums to stay covered should you receive insurance-covered rates at the medical facility?
That depends on the type of insurance policy it is. If it's the landlord's policy on his building, with him paying the premiums, then the insurance benefits go to him. For the insurance money to go to you, then you would have had to have taken out renters insurance, with you paying the premiums, insuring the contents (your personal belongings).
You are a school bus driver Will your workmans comp continue past the end of the school year if you are still unable to work?
If you are intentionally concealing property from the lawful owner, then you have 'converted' it to your own use, which is illegal. You do not "own" the vehicle, you are only being "allowed" to use it by the owner, as long as you continue to pay him for that privilege. When you stop paying (for whatever resason) he has every right to take his property back.
Would like to set up a memorial to help pay for the funeral cost of your son because he had no life insurance and you need help paying for the funeral?
A voluntary constraint is when a company voluntary says they will never do this or they will always do that, an example of this would be always recycling there used materials or just paying there employees a higher than minimum wage, these things do not have to be done but yet they do they do them anyway to give them a better reputation with the public.
If you have long term disability insurance with your company but are paying for it 100 percent and are terminated from the job can you continue to pay the insurance privately and keep the policy?
This will be dependent on the coverage that your are offered and have been paying for at work. Some companies allow for individuals to continue coverage on an individual basis and others do not. The best way to find out is simply to call your specific insurance company and ask. If you are in good health, you may want to look into what is offered on the individual market as well. Group coverage is great…