You will be responsible for the money.
A default is about to happen.
If you are filing for bankruptcy, and you try to cosign -- two things can happen. 1. the lender will turn you down. 2. If the court finds out you have applied for credit the bankruptcy can be stopped. If you mean that the car and loan will be for you during or after the bankruptcy, this still has to be disclosed and again the bankruptcy can be stopped.
Generally lose by default.
Yes, if you cosign a car loan, you are typically not liable for accidents that occur while the borrower is driving the vehicle. The borrower is usually responsible for any accidents that happen while they are driving, unless there are specific circumstances that make you legally liable.
Imminent default refers to a situation where a borrower is very close to being unable to meet their debt obligations. It signifies that the borrower is at high risk of defaulting on their loans in the near future.
It would use a default like the windows screensaver.
READ your contract. It should tell you what will happen if you DEFAULT on the contract. What does your common sense tell you will happen if you dont do what you said you would do??
You would probably lose by default but check in your state.
Absolutely nothing as it is true by default.
If ones mortgage rates happen to be lower then expected, the monthly payment will actually go down with refinancing a mortgage. If a homeowner is in the position to make a monthly payment that is higher than usual, the homeowner may want to think about switching from a 30-year mortgage to a 15 year mortgage.
Not out of your taxes but they will take it from your tax refund. If you are on time with your payments and are not in default, they will not take your refund. The only way this will happen is if you are in default, then a lien will be placed on your tax refunds.
Family Pinball happened in 1989.