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When a vehicle is purchased on credit for a husbands company by his wife and the husband does not make the payments who's responsible?
Wiki User
∙ 14y ago
The wife is responsible as she was the one who signed the credit contract.
Wiki User
∙ 14y ago
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You have a car loan can another person take over the payments?
If the loan company approves. If the loan company does not approve and transfer the loan you would still be legally responsible for the debt.
Who is responsible for the car loan if they are on the top of the loan?
typically the first name on the loan is the person responsible for the payment of that account. if the first named person cant make the payments, the loan company will turn to the co-signer ( 2nd name ). if neither party makes payments the loan will go into default in which both parties will have reports on there credit history.
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If the electric company purchased the airline company than it is an acquisition by the electric company.
What can you do about a mortgage company that does not report your on-time payments?
Call the mortgage company and ask why the payments are not being reported (its illegal to NOT report payments) Further, you can call the credit bureaus, and they will request the information from the mortgage company. Realize, that in some instances credit reporting can be suspended.
Preferred stock and bonds are similar because?
Preferred stocks and bonds are similar because they both receive regular payments from the company. With preferred stocks, one will receive regular dividend payments from the company. For bonds, one will receive interest payments on the debt that is owed by the company.
Are you responsible for husbands credit cards if he dies?
im sure this is a no the person responcible should be the insurance company
Who is responsible for damage from car wreck in rental car?
If you purchased the rental company's insurance option then the rental company's insurance is responsible. If you did not purchase the insurance option, then YOUR insurance is responsible.
Can a company be held responsible for its services as sold by a resaler or wholesaler?
Yes, a company can be held responsible for its services as sold by a resaler or a wholesaler. The company that creates the product or service is often responsible for it regardless of where the customer purchased the product.
A contract frequently purchased from an insurance company by the consumer at retirement to provide continual income over a specified period of time is called?
Annuities are generally purchased through an insurance company. People who purchase annuities can receive payments in the future from their annuity.
How are credit accounts affected when another company buys them out?
When often another company buys a credit card company, they have purchased your account. Most often, it is business as usual, and payments are directed to the new owner of the account.
You have a car loan can another person take over the payments?
If the loan company approves. If the loan company does not approve and transfer the loan you would still be legally responsible for the debt.
My court ordered child support amount is slightly higher than 50% of my net paycheck. My company payroll company is deducting the 50% and paying my ex-wife, am I stil responsible for the balance and can she take me to court for this difference?
Yes you are responsible for all payments. Even if it is in arrears.
If you get a cosigner for a new car and you crash it can they be held responsible?
If you're insured, the insurance company should take care of the damages, but to answer your question: You're responsible just for the car payments in case the primary owner can't make them.
Who is responsible for the car loan if they are on the top of the loan?
typically the first name on the loan is the person responsible for the payment of that account. if the first named person cant make the payments, the loan company will turn to the co-signer ( 2nd name ). if neither party makes payments the loan will go into default in which both parties will have reports on there credit history.
What can one do with an accounts payable clerk?
An accounts payable clerk is a position where one works in a specific division of an accounting department. An accounts payable clerk is the one that is responsible for making payments on behalf of the company one works for in order for payments to be made on time.
What are the factors responsible for mergers and acquisitions?
If a new company takes control of my contract/lease, do I still have responsibility for payment to the new company. They did send a notice they have the account now and the send all payments to them. Is the contract binding in this case? Chris
An airline company is purchased by an electric company This purchase would be considered a merger?
If the electric company purchased the airline company than it is an acquisition by the electric company.
