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Your husband is not on your car lease loan will he be held responsible if you do a repo?
Wiki User
∙ 15y ago
no
Wiki User
∙ 15y ago
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Can you Lease a car from someone with a loan on the car?
No. In my experience and from what I've read, it is not wise to lease a car from someone with a loan. They can still be held responsible for the car if anything happens to it. If you cannot afford to make the payments and the bank comes to collect the car, and the owner does not have it, they can be arrested.
Your ex-husband and you jointly own a home which he lives in He can't refinance and I don't want to be held responsible for the loan if he defaults How can you get your name off the loan?
3 words: Sell the house.
Is co-signing on a lease the same as co-signing for a car loan?
It is essentially the same but of course with a lease, your responsible for an amount agreed to be paid rather than paying back a loan.
Would I be responsible for a car loan that my ex-husband defaulted on if he got the loan when we were still married?
no
Is step mom responsible for stepsons car loans after husband dies?
The stepson should be the one responsible for the car loan. If your husband cosigned on the car loan, then you need to contact an attorney on this one.
I had a car that got reposed and was left owning a lot on the loan and then I got married. Is my husband responsible for my pass due loan?
No, the only person responsible for the debt is the people who were on the loan.
Is the parent responsible for 19 year olds collage education loan if the child moves out?
The parents are not responsible for an adult. If the parents co-signed the loan, they can be held responsible.
If the husband's name is never on the loan but is on the deed is he responsible for debt?
No. If he didn't sign the mortgage then he is not responsible for paying it.
Can the car seller be held responsible for the car loan of the buyer?
ABSOLUTELY NOT
Is it easier to get a lease or loan?
lease
If a loan is in both husband and wifes name who is responsible for the debt?
Both of you, together and individually!
Is your ex husband responsible for a mortgage refinanced?
Responsibilty and ownership rights in the home is different from rights and responsibilities for the loan. Anyone who signed the loan note is responsible for the monetary debt.
