Purchased a used 2003 Lexus LS430 from a Lexus dealership in state of Washington. The dealership never disclosed that the car was involved in a accident 8 months prior. Now I cannot sell it. What are my options?
Yes.A plaintiff most certainly can obtain an auto accident loan for their case if of course the lawsuit is already filed. Lawsuit funding companies provide financing for auto accidents and nearly all personal injury cases. You can simply apply or call them to learn more on obtaining a non-recourse cash advance for your auto accident lawsuit loan.If you have been involved in an accident, you should seek an attorney immediately.
Its your fault
If this happened to me, I would find out what my insurance company can do and from there contact the police or file a civil or small claims suit. None, if the accident wasn't reported to the police.
I think is non recourse debt
I cannot answer the question without knowing what kind of insurance is involved. For example, if life insurance is involved, you may have purchased a 30-year level term policy. If you did, it is conceivable that there would be that substantial a premium increase after the 30-year term expires. Please provide additional information.
== == In most states, the only time a seller is required to disclose this type of information is if the vehicle was considered a total loss and then rebuilt. This vehicle would then have a "salvage" or "rebuilt" title and you would have recourse against the seller. If the vehicle was only in an accident that was repaired, the seller is not required to disclose that. Find out what car dealers don't want you to know at www.dealertricks.com
Recourse funding is a type of loan for which collateral is placed. The difference between recourse and non-recourse funding is that in recourse funding, if the collateral sells for less than the amount left on the loan, the lender can go after other assets. In non-recourse funding, the lender would have to absorb the loss.
"Is Georgia a non recourse debt state?" Since Florida is not a recourse state, and Florida adopted its laws from Georgia, Georgia must not be a recourse state.
Parking lots are ususually considered private property. Unless there are extenuating circumstances, the police will not get involved. Your best recourse is to give all of your info. to your insurance company and hope they will assist you. More than likely you will have to take the other party to court.
Non-recourse lending is made available as a loan in which the borrower is not personally liable. For instance, in the pre settlement funding realm, a plaintiff involved in a lawsuit can get a non-recourse based cash advance for their lawsuit. In this scenerio, the plaintiff or applicant for the non-recourse advance is only contigent to repay that advance back once the case is settled or won. In the event the case is lost, there is no need to repay that advance as that is the risk taken from the firm handling the advance. These are typically lent when there is high capital expenditures, long loan periods, and uncertain revenue streams from the loan itself. The rates can be much higher due to the risk involved for the lender, obviously.
The duration of The Recourse to the Method is 2.73 hours.
no. why would it be a recourse loan