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If you surrendered a vehicle in chapter 7 and it was not recovered by the lending agent and was later totaled who gets the insurance money?
Wiki User
∙ 18y ago
The lender, and the borrower is responsible for any remaining discrepancy amount and the applicable fees.
Wiki User
∙ 18y ago
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Can you open a savings account after filing chapter 7?
That's up to the lending institution that you apply to.
When filing Chapter 7 is a car loan department discharged by your credit union?
An automobile loan is secured by the vehicle title, meaning that the lending institution has filed legal notice of interest in the vehicle. Even if you file chapter 7 bankrupcy, the lending institution can repo the car if you don't make payments.
Can a bank add insurance to a loan?
Yes. If you do not have insurance on a car or house that is used as collateral for a loan the lending institution can take out insurance and charge you for it. The insurance THEY use will be far more expensive than what you can purchase privately, and will not protect YOUR interests, only theirs.
Is the cosigner the only one responsible on the loan?
The primary borrower is responsible for making the payments and adhering to the terms of the lending contract. The cosigner is legally obligated only if the primary borrower defaults on the lending agreement or files bankruptcy (chapter 7).
The Emerson first national bank is lending you money tobuy a new car the loan agreement will probably state that you must carry what insurance?
it would be collision insurance. Good Luck MT from BK
What are some the banks or lending institutions for chapter 13?
cause
Can you open a savings account after filing chapter 7?
That's up to the lending institution that you apply to.
What has the author Raymond Joseph Saulnier written?
Raymond Joseph Saulnier has written: 'Federal lending and loan insurance' -- subject(s): Government Insurance, Government lending 'A critique of the full employment surplus concept' -- subject(s): Full employment policies, Monetary policy 'Accounts receivable financing ..' -- subject(s): Credit, Finance 'Urban mortgage lending by life insurance companies' -- subject(s): Finance, Life Insurance, Mortgages
When filing Chapter 7 is a car loan department discharged by your credit union?
An automobile loan is secured by the vehicle title, meaning that the lending institution has filed legal notice of interest in the vehicle. Even if you file chapter 7 bankrupcy, the lending institution can repo the car if you don't make payments.
Do insurance companies frown upon lending vehicles to friends?
Only if the friend gets into an "at fault" accident.
Where can one find information about sub prime lending?
One can find information about sub prime lending from the following sites; Bankrate, SFGate, Department of Bank Insurance, HUD government, and Investopedia.
Where can I find a loan insurance calculator?
If you are in the process of buying a new home and would like to know how much your private mortgage insurance will be you can go to bankrate.com or lending tree.com
Can a bank add insurance to a loan?
Yes. If you do not have insurance on a car or house that is used as collateral for a loan the lending institution can take out insurance and charge you for it. The insurance THEY use will be far more expensive than what you can purchase privately, and will not protect YOUR interests, only theirs.
Who draws up reports for fair lending from financial institutions?
The main company that writes reports on fair lending from banks are the FDIC. Also known as the Federal Deposit Insurance Corporation. They are extremely credible and trusted.
Is the cosigner the only one responsible on the loan?
The primary borrower is responsible for making the payments and adhering to the terms of the lending contract. The cosigner is legally obligated only if the primary borrower defaults on the lending agreement or files bankruptcy (chapter 7).
What has the author R J Saulnier written?
R J. Saulnier has written: 'Urban mortgage lending by life insurance companies'
The Emerson first national bank is lending you money tobuy a new car the loan agreement will probably state that you must carry what insurance?
it would be collision insurance. Good Luck MT from BK
