The cosigner is responsible for the loan and payments if the signer does not pay or keep up the payments. Your credit rating can be affected.
Yes, as long as the cosigner is a legal gardian or a parent.
In general, yes. The payments are for the children, not the parent. The step-parent is not legally responsible for the children unless he adopts them.
Yes, your parents can cosign for a loan and if you are smart keep up the payments on that loan as it will give you a good and early credit record. If you don't keep up the payments it's a lousy thing to do to your parents, and they will be stuck paying that loan. Marcy
No. Unless specifically ordered otherwise, child support payments go to the custodial parent as ordered.No. Unless specifically ordered otherwise, child support payments go to the custodial parent as ordered.No. Unless specifically ordered otherwise, child support payments go to the custodial parent as ordered.No. Unless specifically ordered otherwise, child support payments go to the custodial parent as ordered.
No. Child support payments must be paid to the custodial parent. The obligor should always make payments to the custodial parent by check and maintain a record of payment. Child support payments should never be made in cash.
No.
Yes. If you are under 18 you will need a cosigner. This could be your parent or another relative with good credit.
Yes, the obligated parent can petition the court for a reduction in support payments if the circumstances warrant.
As long as the child is not a cosigner on the debt, the child is not responsible for parent's debt. The parent's estate would be responsible for the debt. Technically this could reduce the inheritance the child receives, but it is not the responsibility of the child.
NO
The movie Repossessed was released in theaters on September 14, 1990. The age rating for the movie was PG-13. If the child is under 13, a parent must give permission to watch the movie.