answersLogoWhite

0

What else can I help you with?

Continue Learning about Finance

Can a bank garnish wages of a co-signer in Georgia if the primary signer has claimed bankruptcy?

Yes, The bankruptcy of the borrower does not protect the co-signer. The bank howevermust obtain a judgment against the co-signer prior to garnishment.


Can we withdraw money if you have acct from US in the Bank of America in Manila Philippines?

yes


Where do i make payments for us bank credit cards?

directly at the bank from where the cards were issued, or send them ( the bank) a cheque and make sure the acct number is on the cheque


Can a cosigner have their name taken off current mortgage to cosign another?

No. The co-signer is fully responsible for paying that mortgage for the life of the mortgage. The bank owns the mortgage and the reasons why the primary borrower needed a co-signer is the reason why the bank wanted another person to promise to pay. It will remain on your credit record as an unpaid mortgage until it is paid off. If the primary borrower fails to make payments the bank will go after the co-signer to pay. It is your debt.No. The co-signer is fully responsible for paying that mortgage for the life of the mortgage. The bank owns the mortgage and the reasons why the primary borrower needed a co-signer is the reason why the bank wanted another person to promise to pay. It will remain on your credit record as an unpaid mortgage until it is paid off. If the primary borrower fails to make payments the bank will go after the co-signer to pay. It is your debt.No. The co-signer is fully responsible for paying that mortgage for the life of the mortgage. The bank owns the mortgage and the reasons why the primary borrower needed a co-signer is the reason why the bank wanted another person to promise to pay. It will remain on your credit record as an unpaid mortgage until it is paid off. If the primary borrower fails to make payments the bank will go after the co-signer to pay. It is your debt.No. The co-signer is fully responsible for paying that mortgage for the life of the mortgage. The bank owns the mortgage and the reasons why the primary borrower needed a co-signer is the reason why the bank wanted another person to promise to pay. It will remain on your credit record as an unpaid mortgage until it is paid off. If the primary borrower fails to make payments the bank will go after the co-signer to pay. It is your debt.


Can a spouse get a mortgage and have a co-signer?

Yes. Banks require a co-signer to guarantee the loan will be paid. A co-signer is in the bank's interest. If the primary borrower doesn't pay the co-signer will be held responsible since they have guaranteed the loan repayment.

Related Questions

How do i transfer funds in a UK acct to a US acct?

You need to ask the bank.


Can a lawyer collecting a debt freeze a bank acct when the debtor is a signer on the acct not the acct holder?

First, lawyers cannot freeze any account, no one can without a court order, and the debtor would have prior notification before it could happen. Second, anything on which a debtor is signatory that is an asset is subject to attatchment by order of the court, except in those states where such is prohibited.


Can a bank garnish wages of a co-signer in Georgia if the primary signer has claimed bankruptcy?

Yes, The bankruptcy of the borrower does not protect the co-signer. The bank howevermust obtain a judgment against the co-signer prior to garnishment.


Can we withdraw money if you have acct from US in the Bank of America in Manila Philippines?

yes


Can you get a student bank account with bad credit?

You may be able to get a student bank account with bad credit if you have a co signer. Most student bank accounts require a co signer anyway.


Can the collection agency freeze your bank acct in Fla?

No. A collection agency can not freeze your bank account. Only a judge could do that.


What happens when a car payment go into default for the cosigner?

The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.


Can the affected party force the bank to include her name on the acct if she did not authorize transfer from one bank to another when the original acct was in both names?

The problem is with the first bank which made the transfer without your signature. However, if you are married and you live in a community state, it probably won't be something you can do something about.


Where do i make payments for us bank credit cards?

directly at the bank from where the cards were issued, or send them ( the bank) a cheque and make sure the acct number is on the cheque


How to find info on old account with dime savings bank of New York?

My name is Hannah Cheeks and I have remaning money left in my acct and I want to send me the remaining balance in my acct. Thank you


Can a cosigner have their name taken off current mortgage to cosign another?

No. The co-signer is fully responsible for paying that mortgage for the life of the mortgage. The bank owns the mortgage and the reasons why the primary borrower needed a co-signer is the reason why the bank wanted another person to promise to pay. It will remain on your credit record as an unpaid mortgage until it is paid off. If the primary borrower fails to make payments the bank will go after the co-signer to pay. It is your debt.No. The co-signer is fully responsible for paying that mortgage for the life of the mortgage. The bank owns the mortgage and the reasons why the primary borrower needed a co-signer is the reason why the bank wanted another person to promise to pay. It will remain on your credit record as an unpaid mortgage until it is paid off. If the primary borrower fails to make payments the bank will go after the co-signer to pay. It is your debt.No. The co-signer is fully responsible for paying that mortgage for the life of the mortgage. The bank owns the mortgage and the reasons why the primary borrower needed a co-signer is the reason why the bank wanted another person to promise to pay. It will remain on your credit record as an unpaid mortgage until it is paid off. If the primary borrower fails to make payments the bank will go after the co-signer to pay. It is your debt.No. The co-signer is fully responsible for paying that mortgage for the life of the mortgage. The bank owns the mortgage and the reasons why the primary borrower needed a co-signer is the reason why the bank wanted another person to promise to pay. It will remain on your credit record as an unpaid mortgage until it is paid off. If the primary borrower fails to make payments the bank will go after the co-signer to pay. It is your debt.


Routing number for Bank of America in san antonio tx?

I opened my acct there and the routing number is 114000653.