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If your wife is granted chapter 7 and both of your incomes were on the chapter 7 can they make you pay the car loan?
Willie2187
I'm not clear what you mean by "both of your incomes". But it seems your saying your wife was he only one who C-7, which means received discharge of debt. Hence, if you were on the loan, it would seem you are still responsible for the loan.
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∙ 15y ago
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Can two people get a loan using both incomes?
IF they want to be co-borrowers they can use both incomes to purchase.
Can you get a home loan as a couple without being married?
Yes, the bank will calculate your combined incomes to determine how much they will loan to you.
What is the maximum personal loan that can be discharge in chapter 7?
Chapter 7 has no maximum loan amount.
How hard is it to claim student loans on a chapter 7 bankruptcy?
I have been through Chapter 7 twice and both times was unable to claim my Student Loan.
Can you get a home loan while in a chapter thirteen?
Yes, but the Chapter 13 debt will have to be paid off as a condition of the loan.
If I'm divorced but my home that I live in is still in both my and my ex's name on the loan can I still file chapter 13?
Yes
Is minor eligible for loan against deposit?
No. Minors are not eligible for loans as individuals. The only loan they are eligible for is an educational loan, that too will be granted only if an earning family member applies for the loan as a joint applicant. Loans are usually granted only to individuals who have an income and have the capacity to repay the loan.
What are the two programs that have historically been used to stabilize farm incomes?
The loan support program and deficiency payments.
Can a spouse's income be used on a mortgage loan if she is not a co-borrower?
No, you can't use your spouse's income on a mortgage loan if she isn't going to "sign" it as a co-borrower. Only the incomes of those who sign for the loan are considered.
Difference between co borrower and co mortgagor?
A Co-borrower and co-mortgagor have the same meaning but a mortgage is only used to refer to a loan for real property. Both incomes are used to qualify for the loan. Under this arrangement, all parties involved have an obligation to repay the loan. Generally, a co-mortgagor has an ownership in the encumbered property.
Can you claim an equity loan on chapter 7?
No
Can an advance cash loan be part of a Chapter 7 bankruptcy?
Yes, it is an unsecured loan.
