dont think you can, as it will still be in your name the loan thats is, you would have to get him to take on the load and sign paperwork over to him, if your name is on the loan then you are responsible for the repayments not him. He should have taken out the loan not you or do it in both names, the only way i know off to make him liable is to get offical paperwork signed over to him as if it was a business buy out debits and all with the banks involvement.AnswerIf you have a legal partnership and the check was made out to the business, then you are both responsible for repayment. Also, be sure to file your schedules with the IRS as a partnership. This will strengthen your case if you need to take legal action if the check was made out to you. However, the first entity from which the bank will seek to collect is from whoever signed the loan agreement.
The bank can refuse a payment if it is not enough to pay the past due amount. In this case, you may need to contact your bank about payment options.
No, becoming a partner on YouTube does not require any sort of payment (it's supposed to be Google paying you when you become a partner). The only people who really pay to have things played on YouTube are the advertisers, who deposit an amount of money to have an advertisement campaign on YouTube.
when receiving payment from a privit insurace carrier check the amount of payment on the EOB with the
The PMT function in Excel outputs a monthly loan payment amount.
increase an asset, increase a liability
Only if the debtor has proof that an agreement was made for the amount rendered being acceptable. The standard rule is "get everything in writing" before making any payment. In some states verbal contracts are legally binding but are usually difficult to prove.
There is no legal limit; however, some companies may have a policy limiting the forms of payment, or the amount of change, that they will accept.
Depending on the circumstances criminal charges may be an option,please consult an attorney.
decrease in asset and decrease in liability
All profits go directly to the partners. The amount each partner will receive will be determined by the amount each partner has invested in the company and/or the partnership agreement.
Yes, a creditor/collector has no legal obligation to accept payment for anything other than the agreed upon amount. The same premise applies to making less than the minimum payment on credit accounts as well, such action would render the agreement null and void and the creditor can legally demand payment in full.
amount left in the account of the business i.e. 4K should be distributed among partners in the ratio 5:2 as their salary.
Yes, but this will not legally reduce your child support obligation or keep the court from punishing you for not making full child support payments until you obtain a court order allowing payment of the reduced amount.
An amortization table is a report of all pertinent information regarding a loan including the terms of the loan and a list of each calculated loan payment. Each loan payment entry could show:the amount of principal due as of this paymentamount of the paymentportion of payment used as interest (the amount of interest in this payment)portion of payment that reduces the principal for the next payment entry
My mother has an S.B.L.I. life insurance since 1985. The contract was for $3250 at $22 monthly payment. When calculated she has paid double the amount of the contract, yet she's quoted a value of $3050. Why the difference and what is she legally entitled to?
take them to small claims court if the amount is $5000.00 or less.
A limited partnership is formed upon the execution of an agreement between a limited partner (usually a financial contributor) and a general partner (responsible for the day-to-day operations of the business). The limited partner is only liable up to the amount of the initial investment whereas the general partner has unlimited liability. It is advisable to have an attorney draw up the agreement to ensure that it is in compliance with the laws of the jurisdiction in which the partners will conduct business.
The amount of the interest payment depends on two things which are, the loan amount and the interest rate. Normally, if your payment is set up to pay interest only then the amount of the payment would be the total amount of interest earned in one month.
In a limited partnership an investor is not in solved in managing the business. The partner does not have any financial liability except for the amount they invested.
You have to become partner...To become Partner you have to have a amount of subscribes and views.
Include the extra payment to your monthly payment and designate on the payment coupon the amount that is to be applied to principal. If it doesn't have a space for that, it's ok. Any additional amount you pay will be applied to principal.
increase rent expense by payment amount (debit) reduce cash by payment amount (credit)
Your monthly mortgage payment is affected by the amount of the loan, the interest amount, and the length of time of the mortgage.
The legally amount of money you can have at home is as much as you want