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If you quit making house payments and surrender your keys can the bank come back on you?
Wiki User
∙ 14y ago
If you're in the US, yes. Surrendering your keys does not release you from the obligation of paying the debit, so if they can't sell the property for enough to cover the balance of the loan...
Wiki User
∙ 14y ago
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You filed chap 7 bankruptcy 6 years ago and have been making payments can you give back the home to the lien holder without going through foreclosure?
You can give back the home to the lien holder without going through foreclosure. You just need to make arrangements with the lender. It is not smart at this point to surrender your house after so many payments.
If you make payments every month can you still lose your house?
No, because you are meeting the requirement's of the loan. It is when you stop paying the loan payments that you loose your house. Then, they have a reason to get their money back.
Can dealer call and take car back?
If you do not have title or have not been making agreed payments...YES.
If you have a car and someone else makes the payments can you take it back whenever you want if payments are being made.?
Could you be give us a little more info?? Whose car is it??who is making the payments???
Can furniture be repossessed if payment has not been made in 6 months but you start back making payments?
Yes, furniture can be repossessed if you start making payments again after 6 months, especially if the missed payments are not caught up. The creditor can refuse the payment if court proceedings are already in progress.
How can a Delinquent timeshare be reported as a foreclosure?
A timeshare is a similar contract to a house and requires regular payments. This can be reported as a foreclosure if you have abandoned payments and the company is taking back their property.
Can a party take back the prophety if your still making payments on it?
depends on contract, if your up to date on payments they usually wont. if you pay in full at time of purchase it wont be a problem
How do you go about getting a car back that you cosigned for if the other person is not making payments?
CALL THE LENDER. They can advise you and work with you.
Can you get your repossessed car back if you file Chapter 7 bankruptcy and start making payments?
You will have to ask your bank about that. They are in control now.
Legal Procedure to get back a personal loan in US?
Get back a personal loan. Is it in default? Contact loan company or debt collection agency and start making payments.
Do you still have to pay back your mortgage if your house for sale?
Of course. Until you pay off the mortgage loan, you have to pay payments on the home.
Can a collection agency report you to the credit bureau if you are making monthly payments on your medical bill?
If the debt was properly assigned by the original creditor, yes. If you are making payments to the Original creditor than ask them to pull it back from there Collection agency, then dispute with the CRA's and when they update it should delete
