What options does one have if placed on disability and the auto was repossessed while awaiting receipt of payments in Texas?
Same as if you werent on disability. Read your contract. Did it mention disability insurance?
Yes. A dirt bike is the same as a street bike or any other type of vehicle. if you miss the payments, and the financier wants to exercise his rights to seizure, he can do so. If you are behind on payments the best thing to do is contact your finance company and explain your circumstances to him. There are probably options available to avoid repossession. The last thing any finance company wants to do…
What are your options if your car was repossessed by your cosigner even though you have never been late on your payments?
What are your options if you owe 5K on a vehicle but have over 10K in custom paint and extras invested and now only have a few days to present full payment before repossession?
Should you file Chapter 13 Bankruptcy after your vehicle has been repossessed My car pymt is 2 months behindand I can't maintain the payments. What are my options?
In Georgia can your car be repossessed if you are behind in payments but have been making up the arrearages?
Yes. Once you have failed in the conditions of the loan agreement, the lending institution can forclose if that is the remedy described by the agreement. The best option is to contact the lender directly to discuss available options. Please be advised, Georgia does not require a lensder to send a "Right To Cure" notice before taking repossession action.
Most student loan providers will offer three separate repayment options for students. In a standard repayment plan the payments are uniform from start to finish. In a graduated repayment plan the payments will gradually increase over time. Finally an extended payment plan (which can be standard or graduated) extends the repayment period to lower payments.
You and your husband bought owner financed property. The owner is supposed to move in January but seems to have changed her mind after receiving twelve months of payments. What are the options?
Depending on your disability insurance policy, you can get disability benefits to age 65, 67, 70 or Lifetime. Some policies have limited benefits for 2, 5 or 10 years. Check your schedule of benefits in your disability insurance policy, or contact an experienced agent who can find your best options available.
Garnishment is a possibility, and disability checks are most likely not excluded. To avoid a situation like that, you have some options, which are explained on the Sallie Mae website. One option for those with outstanding student loans who are totally and permanently disabled is cancellation. forgiveness, or discharge. Even if that option is not possible, it may be possible to arrange monthly payments that are very low. Please visit the Sallie Mae website for…
In BC if you are on Disability assistance and cannot make payments on a 4800 credit card debt using it for groceries and bills and are mentally ill what are your best options?
Its totally up to you if you want to use your credit cards. I am on disability and you will not get anything from the gov't for credit card debt no matter what you use them on. They supposedly give you enough money for groceries so you cannot say that you caused the debt buying groceries or anything else for that matter. You are on your own. good luck, i know how hard it is…
The following Top 10 Items are high priorities to look our for when considering purchasing a Disability Insurance Policy: #1 Renewability Provision #2 Definition of Disability #3 Graded Lifetime Benefits #4 Residual Benefits #5 Cost of Living Benefits #6 Subsequent Disability Provisions #7 Catastrophic Disability Benefits #8 Presumptive Disability #9 Waiver of Premium #10 Future Increase Options
If you purchased a vehicle for your son in your name and it is repossessed what will happen to you after the car is seized?
Yes, and many people do object to their vehicles being repossessed, before and after the repossession. Unfortunately, your objection will have little effect. If you are delinquent or in default on your loan, and the vehicle was used to secure the loan, the vehicle will be repossessed. There are few legal options available to you to avoid this aside from paying the loan current.
Yes, but only if you are the cosigner. When you cosign it is usually for these reasons: The person the loan is for is a minor The person has a poor credit rating The person doesn't have collateral When you cosign you are 100% responsible for that debt. All the banking institution is interested in is getting their money, so if the car was repossessed the cosigner has two options ... take over the payments…
What are your options if your ex-girlfriend has a car you bought together and she is no longer making payments and you are?
How would you go about trying to set up payment options with a mortgage company after your bankruptcy has been dismissed?
You would need to contact the lender directly and find out what options they are offering. Some lenders are quite willing to work with you, others not at all. The biggest factor is if the lneder can be assured you are able to make up back payments (if any) and keep regular payments current at the same time.
The terms and rules a deferment are based on a loan's originator. When the terms of the loan were signed and agreed upon a period of payments was listed. Most often each payment period is one month. A deferral in this case can regard that for a period of 10-months there will not be payments. In order to avoid default, late payments or penalties the exact terms of deferment should be confirmed with the lenders…
What options are available if my office does not have short term disability or participate with the FMLA?
When dealing with Short-Term Disability insurance, it is always ideal to have coverage offered at work, or to implement a program through work. The benefits provided are less limited and can be made available to everyone at a lower cost. However, if you are not offered coverage through work, you can look into purchasing your own Short-Term Disability policy. The options available are somewhat limited however, and many times you are better off purchasing a…
What can you do if you just recently had a chapter 7 bankruptcy then soon after had your car repossessed?
Usually a car you are still driving cannot be included in a chapter 7 unless it is turned back into the finance company because it is considered an asset that, if sold, could help pay off your other debts. If you do not include it in the bankruptcy, you are under the same obligation to make payments and if you don't then the car gets repo'd. If you file for bankruptcy the first thing I…
Yes, there are only few options for individual short-term disability insurance, but it's possible. If your employer does not offer group short-term disability (or paycheck protection) you should pursue your own policy which will be portable (you take it with you when you change employment). A good agent can help you with multiple options and help you choose. Yes, you can although the type of plans available may be more limited. One advantage of having…