consequences?? you still have to pay the balance due after the lender sells it at auction. NOT good. options??? Better idea. SELL the car,get all you can and pay the difference then even if you have to borrow the money. It will be much cheaper than idea above and you will reduce the payments,still have good CR. takes a little time, work with the lender but a MUCH better idea. MERRY Christmas
Your Answer
Related Questions
If you cosigned on a loan and voluntary have it returned can the company still come after you if the primary signer is making payments?
Don't understand what you mean by the phrase, "...voluntary have it returned..." However, as long as the primary indebted party is current in their payments there would be no reason for the loan company to contact you for payments.
Do voluntary mortgage payments get recorded as principle AND interest or principle only?
Not sure about U.S.A. loans, but in Canada, if you pay extra towards your mortgage, the entire payment goes towards the principle only. This is, of course, assuming that your mortgage agreement doesn't state otherwise, and that you are current in your regular required payments.
If your car is in the shop but you are still making payments can they repo the car?
Not as long as the payments are current and have remained so.
How do you wipe out your child support debt?
You pay it in full and stay current in future payments until the child support order ends.You pay it in full and stay current in future payments until the child support order ends.You pay it in full and stay current in future payments until the child support order ends.You pay it in full and stay current in future payments until the child support order ends.
Can you include your mortgage payment in chapter 13?
Back payments yes, forward payments must be kept current.
Does ford work with their customers on reposession?
Yes, but it depends on what stage of repossession your in; this includes past due payments, current balance, days last paid, bankruptcy, charged off or defaults, and also many other factors. The easiest way to find out is to ask them. Beware, they may say that you are safe for repossession but still send your account into collections.
What are the consequences of having a minority government?
was is the current situation of the Swedish government and the consequences of being a minority government as detailed as possible
If you bought a car for your daughter in your name and the payments and insurance are taken out of your account do they have the right to pick it up?
As long as the contract is NOT in default, NO. Read the contract. Payments current, ins. current, no other defaults?
If you file banKruptcy can your car be repo?
Yes. The financial insitution will typically call you to set up a time to pick up the vehicle or have you drop it off if you do not intend to reaffirm the debt. They are not allowed to call you to ask for payment, but can ask for the vehicle. You can, however, continue to make voluntary payments on the vehicle and they will not repo it if you keep it current. If you do reaffirm the debt, that means that you intend to keep the vehicle and will continue to make payments on the vehicle, meaning that they are allowed to contact you about making payments.
If you are current with your bankruptcy payments will the IRS keep your income tax check?
No
Can a finance company repo your car if you are current on payments?
No...if you are completely current...and have nothing owing from previous months..again no.
If you file for bankruptcy and you cosigned for someone can the car loan be included in the bankruptcy if the person is not making their payments?
YES, you can include it whether the payments are current or not.
If someone hasn't paid child support for 3 years due to drug abuse and is now willing to make payments on arrears and continue current payments will they serve time in jail?
I doubt they will to jail for non-payment of child support -especially if they are willing to make payments on arrears and continue current payments. Sounds like they are starting to do the responsible thing.
Can the bank repossess a vehicle even if the payments are current?
Not IF you reaffirmed the loan with the creditor.
What are the parts of balance of payments?
Current Account = National Savings - National Investment
The ability to repay a loan or make payments on a debt out of current income is?
Subscribers
What is usually the largest single account in the overall balance of payments?
The largest single account in the overall balance of payments is, for most countries, the current account.
How do you stop tax refund interseption from child support?
Keep current on your child support payments and make sure the courts are recording payments correctly.
Difference between current assets and current liability?
Current assets are those items which are usable during current year while current liabilities are those payments which are payable within one fiscal year.
If you own more than one property and you are foreclosing the other property how will it affect the property that is still current on payments?
There will be no affect to the house with the current payments. Even if they are with the same lender. But it will hurt your credit badly...at least for 4 years.
What is the characteristic of public transfer payments?
The answer is that the recipients make no contribution to current production in return for them.
What is the exact meaning of 'current account'?
All payments due have been paid.
What are the consequences of a poor credit rating?
For most individuals a bad credit rating can have the following consequences: * Applications for credit cards may be denied; * Minimum payments on current credit card balances may be increased; and * All types of loans, including getting a mortgage may be denied or the interest rate or the down payment may be higher than people with good credit ratings.
The part of the balance of payments account that lists all long-term flows of payments is called?
Balance of payments is a method that is used to monitor international monetary transactions over a specific period of time. The long term flows of payments is part of the current account.
What is meant by conveyance?
Conveyance of land means a voluntary transfer of ownership of land from the current owner to a new owner.
