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Yes, a lender can refuse a payment plan on a deficiency balance, as they are not legally obligated to accept one. The decision to negotiate a payment plan typically depends on the lender's policies, the borrower's financial situation, and the specific circumstances surrounding the deficiency. It is advisable for borrowers to communicate openly with their lenders and explore possible options for repayment.
What else can I help you with?
Can a lender refuse a payment on a mortgage if you are 90 days past due?
Yes, the lender can refuse payment if it is not enough to cure the entire past due amount.
Can a title pledge lender refuse to take a payment?
If the payment is late or not in full, then yes. If the payment is on time and in full, then no.
Can lender refuse a short sale?
NO
Is it possible for me to refuse a Zelle payment?
Yes, it is possible for you to refuse a Zelle payment.
Can you refuse a Zelle payment?
Yes, you can refuse a Zelle payment by not accepting it within the Zelle app or online banking platform.
Can my mortgage lender refuse a payment because it is not for the full amount owed?
i am two months behind on my mortgage. can the lender refuse to take one payment?
Can a lender refuse a payment on a mortgage if you are 90 days past due?
Yes, the lender can refuse payment if it is not enough to cure the entire past due amount.
Can a title pledge lender refuse to take a payment?
If the payment is late or not in full, then yes. If the payment is on time and in full, then no.
Can a payment on a delinquent or repo car be refused by the creditor and if so will it be a waste of money to get payments caught up?
Brandon, yes, the lender can refuse payment. That usually means you have waited toooo long to get any help from the lender. As for the catching up the notes,that question should be answered by the LENDER. You neeed to talk to the lender NOW. Good Luck
Can lender refuse a short sale?
NO
Is it possible for me to refuse a Zelle payment?
Yes, it is possible for you to refuse a Zelle payment.
If you are behind 1300 and you offer them 1500 to get your car back and continue making payments can they refuse?
READ your contract. It likely has "right to accelerate balance due" clause. Just as you have the right to pay the loan off early, the lender retains the right to call it due early. This depends on several factors, your payment history,if you are in default, ect. So, YES, they could refuse.
Can you refuse a Zelle payment?
Yes, you can refuse a Zelle payment by not accepting it within the Zelle app or online banking platform.
Is there a consumer law allowing you to refuse to pay late fees if you pay off the original principal in one lump-sum payment?
No, if the payment is late...it's late and you have to pay the late fee regardless of how you pay the balance or principal.
Can lender refuse to pick up car and still refuse to release title?
The title is only released when the debt or loan is paid in full. If you want the lender to pick up the car, I'm guessing that you can't or don't want to make the payments. The lender can refuse to pick up the car, but, if the debt remains unpaid, they will probably have the car repossessed which will negatively affect your credit rating.
Can a debt collector refuse a payment if you offer to pay?
can a debt collector refuse payment after it is offered after being swiched from one company to another and not being 30 day notice
Is it legal for a cashier to refuse to accept coins in payment for goods or services?
The coins are legal tender for debts public and private. It is not legal to refuse coins for payment for goods and services.
