No. That's considered a gift, not a charitable donation. You might actually be liable for a gift tax.
When you co-sign on a loan or mortgage for someone, you are promising to make the loan payments if they can't. When someone files for bankruptcy, they are claiming that they cannot make their payments. It would stand to reason that if someone you co-signed on a mortgage for files for bankruptcy that you would then be liable for making the payments.
YES, you can include it whether the payments are current or not.
To set up automatic payments to someone, you can typically do so through your bank's online banking portal or by contacting your bank directly. You will need the recipient's account information, such as their account number and routing number, to set up the automatic payments. Be sure to specify the amount and frequency of the payments when setting up this service.
yes
A cashier, someone who collects payments from customers
Philanthropist
benefactor
A Blood donor
Yes, all the bank cares about is that someone is making the payments.
It is someone who donates a part of themselves to another so that they may live.
A philanthropist is a person that donates money to charities.
The best place to go for advice about someone taking over car payments is the local bank. They will be able to offer advice about what to do if someone is no longer able to pay their car payments.
Someone donates a car by finding a worthy charity and cutting out the middlemen, then do the delivery themselves and giving the title and keys to the car to charity.
When you co-sign on a loan or mortgage for someone, you are promising to make the loan payments if they can't. When someone files for bankruptcy, they are claiming that they cannot make their payments. It would stand to reason that if someone you co-signed on a mortgage for files for bankruptcy that you would then be liable for making the payments.
Perhaps the money is from an illegal source or there are regulations on how the money should be spent.
You can have someone take over the payments if they meet the credit requirements of the bank you have the financing with. You might also be able to get someone that wants your car to get their own financing to pay off your car.
No, he is not a philanderer (a man who has many casual sexual relationships) but he is a philantropist (someone who donates money for good causes).