no the co-signer will have to make payments or they will be removed from residence.
False
Don't know of any state that allows a co-buyer. There might be. For this purpose, let's use co-signer. What legal action does the co-signer have if the buyer doesn't make the car payments? In reality, the co-signer signed as a guarantee that the payment would be made and on time on the specified date. The buyer is the one buying. That's 2 different operations. The co-signer, at last known fact, cannot take the car because he is not buying it. He's paying THE LOAN since (and we're assuming here) the buyer is not paying. In my experience, if the buyer wants to be a horse patootie, he can drive that car with a smile on his face and not make payments because the co-signer IS OBLIGATED TO MAKE THE PAYMENTS. If the co-signer does not make the payments, then HIS CREDIT IS RUINED! Never co-sign, if at all possible.
YES IT DOES....IF THAT STUDENT LOAN DOESNT GET PAID OFF BY THAT PERSON IT WILL COME BACK ON YOU AND CAN MESS UP YOUR CREDIT.MY FATHER COSIGNED FOR MY SISTERS STUDENT LOAN.BAD MOVE!!! BUT YOU LIVE AND LEARN......SO THINK ABOUT IT FIRST. Yes, it does. The reason is because you have to assume responsibility is left unpaid. This is considered debt to you.
The pros are really only for the person who needs a cosigner. The reason they need one is because they do not have good enough credit to get the loan on their own. By Cosigning with them you are helping them to build their credit with a loan they wouldn't be able to get on their own. It also is listed debt for bolth people so If the cosigner trys to get their own loan later they will take that additional debt into account against them. The big con is that if the person you cosign for doesnt pay you are liable for all the money and if you don't pay it it goes against you credit. Be very aware who you cosign for and that they can be trusted because they can hurt youre credit as well as theirs if they don't pay.
Ok here we go again,what kind of acromym is bhph regardless there asking you to return the collateral because they dont believe you and only you know if your being honest or not ok so if you are really going to bring your payments up to date and soon hide the collateral and do a good job because I may have the order and I never sleep,because if you take it in the can charge you all kinds of fees such as storage,etc. and they can demand that you pay the loan in full so unless youll have enough money to cover all these potential fees just hide it and make your payment post hast.Keep in mind that doesnt mean several weeks Im talking days be honest to yourself. bhph probably means Buy Here Pay Here. The lot isn't required to accept your payment depending on your state and finance agreement. It sounds as if they have made a demand for the vehicle. Call them and ask them if they want the payments to be caught up in cash or certified check and see what they say. If they pick one, then take that to them. If they say "We don't want it, bring the vehicle" well, then you have evidently pissed them off too bad at some point or another and you need to take them the vehicle.
file a motion to enforce. see Dads House link below
amazon doesnt accept paysafecard payment...
it doesnt seem like we can
Nope, when you cosign the bank doesnt care who the money comes from. If the money doesnt come in your both equaly at fault.
of course!! that doesnt matter
If you aren't paying for that car's payments then yes. The only reason why your car should be repoed it because the payments aren't being made on it. It doesnt matter if your car is from the 1940's or if you brought the car last month, the car can be repoed if you dont pay the payment for 2 or more months (consult dealership for it's repo rules).
Marriage of the child is a valid reason to not have to pay child support. If the other child is a fulltime student, you will still need to contribute to his well being. To stop child support payments, you will need to go to the court and petition for the release of your responsibility. Just stopping payments is not going to do the trick in the long run.
The best tool you have is communication. Most banks will try to help you out if you just call them and state your situation this doesnt mean they will allow you not to make a payment for a few months, most likely they will give you some extra time to pay. If that still isn't enough how do you feel about re-financing....you can get a lower monthly payment but pay more interest. If you just stop paying than yes most likely in 1 or 2 months they will repo the vehicle.
Probably. It isn't your truck...it's hers...and she can't afford it.
False
beg for three months staight, then cry, then if it doesnt work, buy her one 4 xmas... yeah for HER!
Don't know of any state that allows a co-buyer. There might be. For this purpose, let's use co-signer. What legal action does the co-signer have if the buyer doesn't make the car payments? In reality, the co-signer signed as a guarantee that the payment would be made and on time on the specified date. The buyer is the one buying. That's 2 different operations. The co-signer, at last known fact, cannot take the car because he is not buying it. He's paying THE LOAN since (and we're assuming here) the buyer is not paying. In my experience, if the buyer wants to be a horse patootie, he can drive that car with a smile on his face and not make payments because the co-signer IS OBLIGATED TO MAKE THE PAYMENTS. If the co-signer does not make the payments, then HIS CREDIT IS RUINED! Never co-sign, if at all possible.