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How - Is it possible to register a car in MA if it was bought in RI cosigned with my father and he is considered the primary on the loan and title and its still under lien?
Wiki User
∙ 16y ago
Yes, it's possible and happens a lot. You can simply go to your local DMV w/the title (or call them first to see what all is needed), and transfer the title to the state you reside in. They will take that title, (after properly signed), and send it in and a new title (in same names) will be issued in MA.
Wiki User
∙ 16y ago
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What happens if when cosigned mortgage loan goes into foreclosure?
The foreclosure is reported under the names of the primary borrower and the co-signer. The co-signer is equally responsible for paying the loan.
Can you repossess a car that you cosigned for if the primary has not defaulted on the loan?
To repossess something, you must have had possession of it at one time or it must be collateral on a loan that you are the lender on. To co-sign only means that you agree to pay the notes if the primary buyer doesnt. Collateral for a loan that is NOT in default cannot be repossessed by the lender.
Will it affect your ability to get a loan if you cosigned for someone else?
Be very cautious about co-signing for a loan. If the primary borrower defaults, you are responsible for the loan payment. It also may affect your ability to get a loan if your debt to income ratio is already high.
Why do late payments on a loan you cosigned for affect your credit rating and what can you do about it?
By being a co-signer you become a co-debtor. Therefore if the primary borrower defaults it can reflect on your credit report. There isn't much you can do about it, except try writing a dispute letter, that's a longshot.
If one owns the 1st home as the primary home and owns a 2nd home for family to live in - can the 2nd home still be considered as a primary residency home and not an investment property?
simple answer is no. The home can be considered as a second home if it is at least 50 miles from the primary residence. Otherwise it has to be treated as a investment.
In Wisconsin are persons cosigned on a loan as grantors liable to pay if the primary signer dies?
Yes.
In which type of primary do you have to register by political party?
In a political primary, you have to register by political party.
If the primary borrower on a cosigned car lease dies. what happens to the car?
The person who's name is on the Title is the owner of the car.
Which color is not considered a primary color?
Pink is not considered a primary color in traditional color theory, which typically recognizes red, blue, and yellow as the primary colors. Pink is actually considered a tint of red, created by mixing red with white.
If a child defaults on a student loan co-signed by a parent can the parent sue the child to recover the amount they are forced to pay?
No, when the parent cosigned the loan, they agreed to pay what the child couldn't. * Yes, the contract that was cosigned was between the borrower's and the lender. A cosigner has the legal right to file suit against a primary borrower for financial damages incurred due to the primary borrower defaulting on the contract.
Why can't you vote for either Democrat or Republican in the primary?
why can't you vote in the primary election for either a democrat or a republican if you register as a republican? would it not be better to register as a democrat and be able to vote either way than to register as a republican and be limited?
Is it possible to mix colors to produce the primary colors?
No, the primary colors (red, blue, and yellow) cannot be produced by mixing other colors. They are considered primary because they are the building blocks for all other colors.
Your ex cosigned car lease How do you remove her from lease without losing vehicle?
You can have another person cosign for that person. As long as your the primary you wont need her to get her off the lease.
Who owns a car that was cosigned for a loan but the car title shows that the car belongs to the either the cosigner or the primary?
50/50 split. None more none less.
Can you vote in primaries if registered as a libertarian?
Depends on the primary: if they state allows for people who are not registered Republicans or Democrats to vote in the primary then you are allowed.
What government publication is the primary source for locatingOHSA standards?
The federal register
What happens if when cosigned mortgage loan goes into foreclosure?
The foreclosure is reported under the names of the primary borrower and the co-signer. The co-signer is equally responsible for paying the loan.
