0
Is it possible to get sued if you and a friend did a contract that both of you will pay an amount but she did not ended up paying?
Wiki User
∙ 14y ago
yess
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Is it possible to pay APR loans off early?
Paying off an APR / annual percentage loan early is possible and it can save the loan holder a substantial amount of money in interest charges. Depending on the loan amount, if it is repaid six months ahead of schedule it could save 7% of the total amount of the loan.
If you pay 13000 of a 15000 loan is that taken into consideration when you stop paying?
All payments are considered when you stop paying on a loan. However, when you default on the contract, it is the contract on which you are paying. The collateral only secures the loan, and if there is collateral, it may be secured (repossessed) to be sold to be applied to the balance. If you only owe $2000 on a $15,000 loan, the collateral could be worth a substantial amount. The lender may choose to sell the property for only the owed amount and fees. If so, you are out the remaining value of the property. If the lender wishes, they may choose to sell it for its fair market value, and anything in addition to what is owed should be returned to you.
Is it possible to get a fine for paying your gas bills too late?
Yes. It is if you leave it for to long you get a fine for it but you have an resonable amount of time to pay it off before you get a fine for the bill.
Should you pay off a credit card that charged off last month and is now in collections the full balance or the settlement amount?
If possible pay the entire amount. A settlement is better than nothing, but paying off the debt is the best option.
My credit card companies lower my credit limit after I paid off a large amount. So now I'm like screw you you won't get the rest. Can I stop paying them?
Everything they've done is allowable by the terms and conditions of the contract which you agreed on. Also in that contract is the agreement that if you fall behind on your payments, then your assets such as your home, may be at risk.
Is a verbal agreement regarding rental amount valid?
Yes, but it's not really a contract until the parties consummate, which would be accomplished by paying that amount. It's the paying that really sets the rental amount.
What if someone stops paying in a contract to purchase a mobile home from a private seller?
If a contract was signed, then they need to be taken to court for the amount owed.
Can a lessor collect total lease amount more than the asset value?
A common misconception regarging automobile financing, both traditional and lease arrangements is that the debtor is paying for the vehicle. In actuality, the debtor is paying for the contract, and the vehicle is only security on that contract.The short answer is yes, if the contract states an amount that is greater than the asset, then yes, the lessor can collect that amount.
Is it possible to get your suspended license reinstated without paying your back support?
No. You can't get it back without paying the full amount back first.
Can you take the car you sold to a friend who has not finished paying for the car but is in her name?
As long as its in HER NAME on the TITLE, you better have a loan contract showing the car as collateral before you 'take" it.
Are the Knicks still paying Stephon Marbury?
No, the Knicks aren't still paying Stephon Marbury. His contract ended when he agreed to a buyout of his contract in 2009.
Who is paying for fevola contract?
Jake and Zach are they are the best
Is it possible to obtain a free phone from Rogers when you resign a contract?
No, a free phone is usually only given when there is a contract signed. This allows them to give the phone to you at no cost because you have provided that you will be paying for around 1-2 years for the monthly service of the phone.
Can a daycare sue you for not paying a two weeks notice?
If a person signed a contract that stated they are required to pay for daycare after giving 2 weeks notice then they are responsible for paying. If there was no written contract or the written contract does not clearly state the termination fees then they may not have to pay.
How do you get a depressed friend to go out?
Tell them you are paying.
Explain how a database makes paying for a product online possible?
explain how database makes paying for products on the internet possible?
Is it possible to pay APR loans off early?
Paying off an APR / annual percentage loan early is possible and it can save the loan holder a substantial amount of money in interest charges. Depending on the loan amount, if it is repaid six months ahead of schedule it could save 7% of the total amount of the loan.
