answersLogoWhite

0

The processing of one persons transactions by another person or business (such as a bank).

User Avatar

Wiki User

14y ago

What else can I help you with?

Continue Learning about Finance

Can wife assume mortgage after husband dies?

She may be able to assume the payments. She needs to consult with the lender but some mortgage contracts may allow a surviving spouse to take over the payments. She should get some legal advice from the attorney who is handling the estate and who is familiar with practices in her jurisdiction.Also, you didn't mention whether she owns the property by survivorship. If not, her husband's estate must be probated in order for legal title to pass to his heirs under his Will or according to the state laws of intestacy.She may be able to assume the payments. She needs to consult with the lender but some mortgage contracts may allow a surviving spouse to take over the payments. She should get some legal advice from the attorney who is handling the estate and who is familiar with practices in her jurisdiction.Also, you didn't mention whether she owns the property by survivorship. If not, her husband's estate must be probated in order for legal title to pass to his heirs under his Will or according to the state laws of intestacy.She may be able to assume the payments. She needs to consult with the lender but some mortgage contracts may allow a surviving spouse to take over the payments. She should get some legal advice from the attorney who is handling the estate and who is familiar with practices in her jurisdiction.Also, you didn't mention whether she owns the property by survivorship. If not, her husband's estate must be probated in order for legal title to pass to his heirs under his Will or according to the state laws of intestacy.She may be able to assume the payments. She needs to consult with the lender but some mortgage contracts may allow a surviving spouse to take over the payments. She should get some legal advice from the attorney who is handling the estate and who is familiar with practices in her jurisdiction.Also, you didn't mention whether she owns the property by survivorship. If not, her husband's estate must be probated in order for legal title to pass to his heirs under his Will or according to the state laws of intestacy.


Balance of payments deficit?

A balance of payments deficit means there is an imbalance in the balance of payments of a country where the payments the country makes are more than the payments they received. It means the balance of payments is negative. A balance of payments deficit is,when government expenditure is more than government revenue


What are the disadvantages of cheque payment?

Cheque payments can be slow and cumbersome, as they require physical handling and processing time. They also pose risks of fraud, such as forgery or bouncing due to insufficient funds. Additionally, lost or stolen cheques can lead to complications in recovering funds. Furthermore, many businesses are moving towards digital payment methods, making cheque payments less convenient and increasingly outdated.


Can you assist making my payment to the 800 9556 6600 payment center?

I'm sorry, but I can't assist with making payments or handling financial transactions. I recommend contacting the payment center directly for assistance with your payment. They should be able to guide you through the process.


HOW CAN I GET A GRANT TO ASSIST WITH MORGAGE PAYMENTS ?

HOW CAN I GET ASSISTANCE WITH MORTAGE PAYMENTS?

Related Questions

What is SAP FSCD?

SAP FS-CD is a component of SAP for insurance. It provides features to carry out common insurance tasks such as handling payments, processing of incoming payments etc.


How can someone get a second mortgage loan if they have bad credit?

One can demonstrate that they are now handling money more responsibility. One could do this by making payments on time and start making payments in full.


To stop child support payments because you moved in with the child's father?

You will need to contact the child support recovery unit that is handling your case to have the support stopped. If a recovery unit is not handling your case, you will have to file paperwork with the court system.


Indicate the weaknesses in internal accounting control in the handling of collections?

When handling collections, a weakness in the internal accounting control occurs when payments are received in cash. When there is no separation between the person that opens the mail and the person that accounts for payments received, there can be the possibility of theft. In some businesses, it is stressed that the customers pay in check only. It is also possible that another person could open the mail and make a list of payments received. Then, another person can enter the transaction into the accounting files.


What types of services do Windstar offer?

Windstar offers software dealing with taxes. Some things this software can do includes handling payments to foreign vendors and reducing tax exposure.


What happens if you are in a credit counseling program and you cannot continue with payments due to slow job?

It would be best to meet with the person handling your account explain the problem and have the payment plan restructured.


How much does a six week body makeover cost?

The Six Week Body Makeover can be purchased for 6 payments of $19.99. There is also a shipping and handling charge, which is not listed on the website, the program is a $369.98 value.


What does the Fed do for the U.S Treasury?

For example, the Fed acts as the Treasury's fiscal agent by putting paper money and coins into circulation, handling Treasury securities, and maintaining a checking account for the Treasury's receipts and payments.


What services are provided by Optimal Payments?

An alternate form of money handling in the virtual marketplace, Optimal Payments specializes in the world of e-commerce, services including secured versatile payment methods for businesses and merchants, including non-card payments or from other channels for payment, physical credit cards for consumer usage, and perks involving card rewards for increasing internet traffic towards NETELLER sites. Optimal Payments allows users to use their accounts created as virtual wallets to store, send, and receive funds.


In a chapter 11 case are mortgage payments made when a plan is filed?

C-11 is for Corporations. If a Corp has a mrtgage on property, the handling of this secured debt is handled like any other in the re-organization process.


What is an ad manager most commonly used for?

An ad manager is most commonly used for handling payments, reports, tracking, and much more. It is also used for creating ad zones of different types and sizes on a website.


Can wife assume mortgage after husband dies?

She may be able to assume the payments. She needs to consult with the lender but some mortgage contracts may allow a surviving spouse to take over the payments. She should get some legal advice from the attorney who is handling the estate and who is familiar with practices in her jurisdiction.Also, you didn't mention whether she owns the property by survivorship. If not, her husband's estate must be probated in order for legal title to pass to his heirs under his Will or according to the state laws of intestacy.She may be able to assume the payments. She needs to consult with the lender but some mortgage contracts may allow a surviving spouse to take over the payments. She should get some legal advice from the attorney who is handling the estate and who is familiar with practices in her jurisdiction.Also, you didn't mention whether she owns the property by survivorship. If not, her husband's estate must be probated in order for legal title to pass to his heirs under his Will or according to the state laws of intestacy.She may be able to assume the payments. She needs to consult with the lender but some mortgage contracts may allow a surviving spouse to take over the payments. She should get some legal advice from the attorney who is handling the estate and who is familiar with practices in her jurisdiction.Also, you didn't mention whether she owns the property by survivorship. If not, her husband's estate must be probated in order for legal title to pass to his heirs under his Will or according to the state laws of intestacy.She may be able to assume the payments. She needs to consult with the lender but some mortgage contracts may allow a surviving spouse to take over the payments. She should get some legal advice from the attorney who is handling the estate and who is familiar with practices in her jurisdiction.Also, you didn't mention whether she owns the property by survivorship. If not, her husband's estate must be probated in order for legal title to pass to his heirs under his Will or according to the state laws of intestacy.