Yes, all the bank cares about is that someone is making the payments.
YES, you can include it whether the payments are current or not.
If your name is the borrower name and someone else is making payments and they suddenly stop; then the car will eventually get repoed and it will show on your credit report.
One can demonstrate that they are now handling money more responsibility. One could do this by making payments on time and start making payments in full.
nothing you can do without a title in your name
Could you be give us a little more info?? Whose car is it??who is making the payments???
When you co-sign on a loan or mortgage for someone, you are promising to make the loan payments if they can't. When someone files for bankruptcy, they are claiming that they cannot make their payments. It would stand to reason that if someone you co-signed on a mortgage for files for bankruptcy that you would then be liable for making the payments.
No its perfectly legal and if you are still making payments on it, that increases values.
If you weren't making your payments yes. It would only be repossessed if you weren't making your payments.
Go to where the bankruptcy is filed and have the file pulled and there will be an accounting of all the debts and payments being currently made. It is public information.
Yes, Orchard Bank online payments are legal payments. Making online payments is faster, easier, and often more secure for both the person making the payment and the bank itself.
When someone co-signs, they are basically just agreeing to making the payments when the signer can not. * Any legal rights that a cosigner or a co-buyer(borrower) have depend upon whether or not their name is on the title to the vehicle.