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What else can I help you with?
How can you close a credit card that has a delinquent balance?
No, it has to be settled before you can close it.
In case of default, is the second mortgage lender paid before the first mortgage is satisfied?
In case of default, the first mortgage lender is paid before the second mortgage lender is satisfied.
Should you pay off a default loan before or after you apply for a Mortgage?
You should pay off your default loan before because you may not qualify for a mortgage loan because you already owe money.
How long before outstanding student loans are forgiven?
It doesn't matter how long you had the loan, you have to pay it back unless you are disabled, a teacher in low-income schools, part of the peace corps, or the school forged your signature.If you have a federal direct student loan you can go on an income-contingent plan that will forgive loans after 25 years in repayment.25 years is the max---Never default on the loan.Many payment plans out there.Once you default you can never arrange and special payment plansThanks Casey Mahoney
How long usually a loan will be delinquent before the first legal action to initiate foreclosure.?
Typically, a loan may be considered delinquent after 30 days of missed payments, but the timeline for initiating foreclosure can vary by lender and state laws. Generally, lenders may wait until a borrower is 90 to 120 days delinquent before starting foreclosure proceedings. However, this period can differ based on the specific loan terms and local regulations. It's essential for borrowers to communicate with their lenders to understand their options and avoid foreclosure.
How long do you need to be delinquent before repo happens in Pennsylvania?
One day late puts you in default and when in default, you are subject to repo. MOST lenders wait 30-60 days. They want the MONEY, not the car.
How can you close a credit card that has a delinquent balance?
No, it has to be settled before you can close it.
How long does one have to be delinquent on a loan before a car is repossessed?
To determine how long one will have to be delinquent on a loan before a car is repossessed depends entirely on where the loan was taken from. Different places allow different payback requirements.
Can you object to a repossession before car is taken?
Yes, and many people do object to their vehicles being repossessed, before and after the repossession. Unfortunately, your objection will have little effect. If you are delinquent or in default on your loan, and the vehicle was used to secure the loan, the vehicle will be repossessed. There are few legal options available to you to avoid this aside from paying the loan current.
Student Refinancing?
Refinance student loansCollege costs tend to run into the thousands. It's no surprise that some borrowers run into trouble with their student loans. The good news is that it is fairly easy to refinance student loans and reclaim control over one's finances.While most students opt to go with a traditional repayment plan of 10 years, options range up to 25 years for repayment. At any time a borrower is having trouble meeting monthly payments, a change in repayment plan can be made. Unfortunately, many people wind up in serious trouble because they think the process will be too difficult or embarrassing.It is easy, and normal to refinance student loans. Private student loans may be harder to work with, but all loans held by the Department of Education have standard guidelines for making payments more affordable.Before a Loan DefaultsAfter one late payment, a student loan is officially delinquent. This is reported to credit reporting agencies, and may result in additional fees. Borrowers who know they will be late with a payment should contact their lenders immediately. They may be able to work out a plan to refinance before any payments are late. They may get an extension on their due date if this is an isolated incident, or have the chance to apply for a deferment or forbearance. Refinance Student Loans in DefaultAfter several delinquent payments, a loan will go into default. These are generally sold to collection companies. They add their own fees, and interest continues to compound. Default does not mean a loan disappears. Borrowers in default are regularly sued, and judgments result in garnished wages, as well as liens placed against bank accounts and property owned.Once in default, student loans may be consolidated, although this is harder to come by with reasonable rates. A better option is a rehabilitation agreement with the loan lender or collection agency. After 9 out of 10 payments are made on time, a rehabbed federal student loan will cease to be in default. Students can then avoid legal proceedings, and may again qualify for more college financing.
How many days must an account be delinquent before the GTCC?
C. 90 days
What is the Fannie Mae foreclosure law?
how many days delinquent before a loan goes into foreclosure
What is a default on Facebook?
Before, I didn't know what it meant by "I really like your default" or "my favorite part of your default is your hair" on facebook. Now I understand that saying "default" is like saying "profile picture" on fb
The default name of an Excel document before saving it?
Book1.xls is the default name for a new document in Excel.
Do you enter request for default judgment before filing for default judgment?
Yes, before filing for a default judgment, you typically need to enter a request for default with the court. This process involves notifying the court that the opposing party has failed to respond or appear in the case. Once the court enters the default, you can then proceed to file for a default judgment, which may include submitting documentation to support your claim for the judgment.
If you got a speeding ticket 5 years ago and have not paid the ticket does it become delinquent?
That would depend on what city and state you reside in. Most municipalities and states have a 90 day period before it becomes delinquent and a warrant is issued for your arrest.
What must you do with your travel card reimbursment?
Pay the balance on your travel charge card bill in full before it becomes delinquent.
