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Your mom is a co-signor on your car loan and is filing bankruptcy you have always made the payments and still owe money on the car What happens to the car Do you still make payments What happens?
(Depending on where you live) You can: 1. She can elect not to include the car, and retain property of it. 2. If you are 1/2 way finished of payments you can contact the lending agency and request sole responsibility of the lien 3.Return the car to the title company If you keep the car, you will still be held liable for the payments. If you no longer want the car or to make payments, you will need to release it back to the title company. Another thought too....your credit is tied up in this deal. Her credit will be affected by the bankruptcy but if you keep the car and keep the payments up you'll get the credit and benefit by doing the right thing by paying it off. You'll be much better off doing that. If you turn the car in I think it will hurt your credit. You still have to pay if you keep the car.
What is the periodic payments made to keep an insurance policy in effect called?
premium
If a parent cosigns on a car loan with hisher child and the child does not make payments can the stepparent be held responsible or have their credit rating impacted if the payments are not made?
The cosigner is responsible for the loan and payments if the signer does not pay or keep up the payments. Your credit rating can be affected.
Can you make multiple payments on your mortgage?
You should get some good advice from a financial advisor. It may be better for you to make extra payments against the principal depending on how long you plan to keep the premises.You should get some good advice from a financial advisor. It may be better for you to make extra payments against the principal depending on how long you plan to keep the premises.You should get some good advice from a financial advisor. It may be better for you to make extra payments against the principal depending on how long you plan to keep the premises.You should get some good advice from a financial advisor. It may be better for you to make extra payments against the principal depending on how long you plan to keep the premises.
What bankruptcy can you file to keep your home if you are behind in payments?
If you are behind in your payments and you declare bankruptcy usually you can remain in your home and continue payments. However the lender will most likely begin foreclosure since you can't afford it and you are at higher risk.
What if you lease a car a month later you find out the leasing company has no record of your account can you keep the car for free or give it back with no consequences?
If you are leasing a car it is your responsibility to make payments. If the Leasing agent does not of record of the agreement it is still your responsibility to the bill, even if you keep the payments in a separate account. It is likely that the paperwork will resurface.
How can the cosigner of a car immediately have possession of it after it was repossessed by the bank?
When you cosign for anyone you are taking 100% responsibility for the payments on that car. If the person that gets the car doesn't keep their payments up it will be repossessed by the bank with an option for the cosigner to take over payments or sell the car and pay back the loan. Marcy
How do you keep a repo man from taking your car?
keep up your payments
Should I keep making payments in a VW diesel car?
If you keep on missing payments on your auto loan, there is a high chance that the vehicle may be repossessed by the bank.
How can you keep from going to jail if you are behind on child support payments?
Catch up on your child support payments.
Will my spouse's child support payments be reduced when we have a child?
not neccesarily, you would have to file for a child support modification or review in court you can usually find a pro se website for your state which should have the documentation to allow you to do it yourself (I'd give you a link but I am unaware of the state you are located in)
what role will you expect an accountant of a shopping mall to perform?
They will keep the books and do taxes, make payments and receive payments.
Your mom is a co-signor on your car loan and is filing bankruptcy you have always made the payments and still owe money on the car What happens to the car Do you still make payments What happens?
(Depending on where you live) You can: 1. She can elect not to include the car, and retain property of it. 2. If you are 1/2 way finished of payments you can contact the lending agency and request sole responsibility of the lien 3.Return the car to the title company If you keep the car, you will still be held liable for the payments. If you no longer want the car or to make payments, you will need to release it back to the title company. Another thought too....your credit is tied up in this deal. Her credit will be affected by the bankruptcy but if you keep the car and keep the payments up you'll get the credit and benefit by doing the right thing by paying it off. You'll be much better off doing that. If you turn the car in I think it will hurt your credit. You still have to pay if you keep the car.
Can you keep your home if you file a chapter 13 bankruptcy?
Yes, as long as you keep making the payments.
What are the example of sense of responsibility?
For Example: Feeding Your Dog. Its You Sense Of Responsibility That Makes You Want To Keep It Alive.
What is an applicant tracking and how does it work?
An applicant tracking can work in many different ways. It is a device that help keep a track of many different applicants in a company or the economy. It's a device used on the computer system.
Is it a crime to keep your car after missing payments?
if you keep for only a small period its ok but if you keep it for months that probably isn't the best
