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What else can I help you with?
Is rent considered debt?
Yes, rent is considered a form of debt because it is a regular payment made in exchange for the use of property or space, similar to a loan or credit card payment.
Are car loans considered unsecured debt?
No, car loans are considered secured debt because the car itself serves as collateral for the loan.
Is a car loan considered as debt?
Yes, a car loan is considered a form of debt because it involves borrowing money to purchase a vehicle and requires repayment with interest over a specified period of time.
Is a car loan considered debt?
Yes, a car loan is considered a form of debt because it involves borrowing money to purchase a vehicle and requires repayment with interest over a specified period of time.
Is car insurance included in the debt-to-income ratio calculation?
Car insurance is typically not included in the debt-to-income ratio calculation because it is considered a variable expense rather than a fixed debt obligation.
Is rent considered debt?
Yes, rent is considered a form of debt because it is a regular payment made in exchange for the use of property or space, similar to a loan or credit card payment.
Are car loans considered unsecured debt?
No, car loans are considered secured debt because the car itself serves as collateral for the loan.
Can you go to jail for non payment of the remaining debt of repossessd car?
no
What is considered a solely incurred debt?
if i need a car and i am in bankruptucy how can i get a letter of incurred debt
Is a car loan considered recourse or non-recourse debt?
I think is non recourse debt
My brother died in a car crash and has no estate I am the Executor or Administrator of an Estate because of legal case against driver The Hospital is asking for payment of debt am I liable for debt?
You are not personally liable for the debt. The estate is liable for the debt. If the law suit results in payment, it would have to be used to settle the debts.
Does the refusal of a tender of payment discharge a debt?
No, refusing a tender of payment does not discharge a debt.
How do you confirm last payment for car loan?
Have the financier send you a letter stating that you have fufilled your payment obligations and as a result you are absolved of any debt to said company.
Is a car loan considered as debt?
Yes, a car loan is considered a form of debt because it involves borrowing money to purchase a vehicle and requires repayment with interest over a specified period of time.
Is a car loan considered debt?
Yes, a car loan is considered a form of debt because it involves borrowing money to purchase a vehicle and requires repayment with interest over a specified period of time.
Is a car payment a variable expense or liability?
A car is a variable expense having the following properties: Car payment ( fixed Expense) Maintenance and usage costs (variable) So in total it is a variable expense. A car payment is considered a liability.
Can i buyout my car lease while in a chapter 13?
In Chapter 13, you have the option to continue to pay for your car lease payment or you can opt out of your car lease payment. The trustee may not allow you to buyout a car lease if other outstanding secured debt needs to be paid.
