0
If there are two owners on a auto title and only one signs for a auto title loan and dies is the other person responsible for paying balance of loan?
Wiki User
∙ 14y ago
The short answer is yes, if you want to keep the car. Otherwise the loan will go into default and it will be repossessed. If you did not sign for the loan, it will not affect your credit.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Who is responsible for a car accident the car owner or the person the insurance policy is under and the car owners friend is driving owner insured owners friend?
The people responsible for an automobile accident are those who are operating the involved vehicles at the time of the accident - unless the cause is mechanical failure or some other event outside the control or any of the operators. The person responsible for paying for the resulting damages may be the vehicle owners or the person who bought the vehicle insurance (usually, but not always, the same person). When operator negligence is involved, the operator may be responsible for paying the damages, even though the operator is not the insured person.
Are relatives liable for nursing home bills?
Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.
Are joint tenants equally responsible for the mortgage?
Yes. Joint tenants are equally responsible for paying the mortgage. However, you should be aware that if the circumstances in the relationship between the parties (mortgagors) changes and one abandons the property, the lender will hold the remaining person solely responsible for paying the entire balance due.
Who is the person responsible for paying office fees?
The person responsible for paying office fees is the administrator. This is considered to be an administrative function that ensures the smooth running of activities.
If your house is sherriff sold are you responsible for the remaing debt?
Yes, you are still liable. If the sale doesn't cover the cost of the loan, the balance has to be resolved. If there is money left over, after costs, the person that was paying on the loan gets the balance.
Who is held responsible for the loan on a repossessed vehicle?
The borrower. If there was a co-signer, that person is also fully responsible for paying the loan if the primary borrower defaults.The borrower. If there was a co-signer, that person is also fully responsible for paying the loan if the primary borrower defaults.The borrower. If there was a co-signer, that person is also fully responsible for paying the loan if the primary borrower defaults.The borrower. If there was a co-signer, that person is also fully responsible for paying the loan if the primary borrower defaults.
Who is payer?
In accounts receivable, a payer is responsible for paying a bill. A payer in any other settings indicate the person that is responsible for paying for an item or service.
Who is a payer?
In accounts receivable, a payer is responsible for paying a bill. A payer in any other settings indicate the person that is responsible for paying for an item or service.
What is the person responsible for paying attention to the media?
the goverment or the watchdogs
What are the rights of a person who shares ownership of property?
Co-owners of undivided interests in one property each have the right to the use, possession and the profits from the property. Each is equally responsible for paying all the bills.
How are paying taxes and being a good citizen connected?
a good citizen is a responsible person meaning that a responsible person would pay their taxes
What structure in the ear is responsible for helping a person maintain balance?
LABYRINTH
