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If you leased a car out to a family member and the loan is not paid off an they are trying to skip town what do you d0?
Wiki User
∙ 14y ago
If the loan is in writing as a legal document you can take them to court for breach of contract.
Wiki User
∙ 14y ago
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Is a loan from a family member an example of an expensive loan?
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How could you post a judgment against a family member on a co-signer loan?
How could i file a judgement against a family member. I co-signed for a school loan for this family member and she is not paying the bill.
Can you get a loan while on ei?
Does a loan from a family member affect my Employment Insurance in Ontario
Can you get a title loan on a leased car?
No, because it isn't your car.
What happens if you take a personal loan out from a family member and they pay the loan off through the banking institution are you still responsible to pay off loan?
The question doesn't make sense. If your family member gave you a loan, what "banking institution" was involved? Why did the person you took a loan out from have to pay off anything?If you took out a loan, yes you're responsible for paying it back.
Is a leased car considered a car with a loan?
For the purposes of insurance, Yes.
Can a family member take a loan against a home that has not been to probate yet?
The lender is free to consider whatever prospective assets it wants to when making a loan. The family member wouldn't be able to mortgage the property until they had title to it.
How do you express Gratitude for a loan of money from a special family member who really made a difference in your life by her loan of money?
Pay it back
If i cosign a loan for refinancing a home for a family member and they default what can happen?
You will be responsible for the money.
How do you word a loan contract to a family member?
Don't loan money to a family member. If they can't get a loan at a lending instituion, that means trouble. You have to be willing to give the money to them now, instead of losing it to them later. Giving them money with no strings attached will prevent family fall out which is sure to come. " You loaned so and so money, why don't you loan me money too?" Now, you're in deep duu. Be wise!
Can a family member take your car if you signed over the title to them for a personal loan?
Yes, if you did not pay back the loan. That is what "signing over" the car is all about.
What is the minimum interest rate a person can charge a family member on a loan for it not to be considered a gift?
i think about a billlion
