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What else can I help you with?
Can you buy a car that is repo from a friend?
Provided the lender still holds the lien on the vehicle, it will still be repossessed and you will find you have a problem with a former friend.
Can you lease your vehicle to someone if you still owe for it?
Provided it is not prohibited in the loan contract, probably. Keep in mind that the lender still holds lien on the vehicle and you are still obligated to pay the note. Should payment cease, the vehicle is still in all likelihood available for repossession, and the fact that another person holds it will not stop recovery, nor will it end your responsibility to the lender.
If you return a car to the dealership which financed it will it still be considered a repossession even if you have to pay off the balance?
YES, unless the LENDER decides not to report a repo to the CA.
Is property in foreclosure still considered property of estate?
Yes, until the foreclosure has been completed and the lender has taken possession of the property.Yes, until the foreclosure has been completed and the lender has taken possession of the property.Yes, until the foreclosure has been completed and the lender has taken possession of the property.Yes, until the foreclosure has been completed and the lender has taken possession of the property.
Can you suggest a website that informs you about loan amortization?
Your lender, or the lender you are considering. The amortization is going to break down payments further, so you have to consider what you still owe to the lender.
What if the market value is below the mortgage amount - would a deed in lieu of foreclosure still work?
That is up to the lender. You need to contact the lender.That is up to the lender. You need to contact the lender.That is up to the lender. You need to contact the lender.That is up to the lender. You need to contact the lender.
The subprime lender wrote off late fees after loan was paid the vehicle in still in our possession are we still able get the lien removed?
You will need to get a written lien release from the lender.
Can a lender still repossess your car after a lawyer told you to tell them that you were claiming bankruptcy?
The lender has to get the STAY lifted before they can repo.
If you live in California and the lender sent you your title by mistake do you still have to pay for the car or can you sell it and treat the loan as unsecured?
The borrower would have a copy of the title but on the title itself the lien holder (lender) would be noted. That would mean that the title is not clear and the vehicle cannot be sold, traded or transferred in any manner.
Is account still considered delinquent on you credit report if it has been paid in full?
Technically it is a paid, and no longer delinquent account. But it is still considered as a negative account by the FICO scoring model. The bureaus want to show your entire payment history to any lender subscriber to their service. This will still be reported as a negative account for up to seven years.
If car is impounded than auctioned do you still owe your lender and if so how should they be approached if still demanding full loan amount?
if you auction the car off and it sells for less you owe the lender you must pay the differenceif it sells for more then you owe the lender nothing
Can an owner let a buyer take over payments on a house if it is still in the banks hands?
It is possible. Some banks and lenders will allow a buyer to assume payments on an outstanding mortgage. You will need to contact the lender who currently holds the paper on the property.
