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What else can I help you with?
Can the bank repossess your home when child is in full time education?
yup
You just bought property and there is a mobile home on it the owner is deceased are you responsible for the mortgage loan and back payments?
Do you want the mobile home? If yes then you must pay. If not, then let the bank come and repossess it.
What happens if your mobile home is voluntarily repossessed in Texas and it is on property that you own seperately from the mobile home?
"Voluntary repossession" basically means you're telling the lienholder "Come repossess this; I'll make it easy for you." Since the lienholder has no interest in the property, that means they'll come take the mobile home itself (or you could take it to them), but the property itself won't be impacted except to the extent necessary to drive in a couple of tractors to haul away the mobile home.
What are the laws on mobile home repression?
Laws regarding mobile home repossession vary by state, but generally, the lender must follow state-specific procedures to repossess a mobile home if the borrower defaults on the loan. These procedures typically involve giving notice to the borrower, obtaining a court order, and conducting a lawful repossession. It is important for both lenders and borrowers to be aware of the specific laws governing mobile home repossession in their state.
How much lot rent can a mobile home park owner collect on mobile home repossesion?
The normal monthly rental amount, minus trash, sewer and water.
Will the government repossess your home for student loan default?
No, they will not.
How can you save your mobile home from going into full closure?
Negotiate an agreement with the mortgage holder.
If a mobile home is not attached to Arizona real property and you default on the mobile home what can the mortgage holder do?
In short. repossess and pull the home off the property..However, you have not made it clear who owns the land. If a third party owns the land, most if not all lenders will ask to the land owner if they are interested in leasing the land to a new owner, in which case the lender saves thousands.
Can they repossess a vehicle anywhere other than your home?
YES.
Manufactured home repossession law in state of Oregon?
repossess manufactured home in oregon
Who does a bank pay the full amount of a mortgage when a home is sold?
bank
Can they take income tax check if get repossession in Arizona?
They can take whatever the security for the loan was. For example, if you have an auto loan, they can repossess the auto. If you have a home loan, they can repossess the home. If the loan was a recourse loan and the value of whatever was repossessed was less than the amount still owed on the loan, they can get a deficiency judgment in a court of law. If the court grants a judgment, they can they take other assets.
