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How can you have your name removed from your daughter's student loan if she frequently misses payments?
You can't.
How can a parent transfer a Parent PLUS loan into their student's name?
A parent cannot transfer a Parent PLUS loan into their student's name. The loan is the responsibility of the parent who took it out, and the student cannot take over the loan.
Is it possible to refinance a Parent PLUS loan in a student's name?
No, it is not possible to refinance a Parent PLUS loan in a student's name.
Student loan co signers I filled chapter 7 bankruptcy in Michigan can my name be removed from the sallie Mae student loan that I co signed with my son under Michigan bankrutcy law?
Most student loans are not dischargeable under any chapter of Bankruptcy in Michigan.
Does a cosigner on a mortgage mean that person is an owner of the property?
Yes it does, Only after you refinance the property may you take the cosigners name of the mortgage loan.
Does a parent's credit score affect student loan?
If the student loan is taken out in the name of the student then no. The student's credit score is separate from anyone else's. If the student loan is taken out in the name of the parent or with them as cosigner then yes - their credit scores would come into play.
Can a parent plus loan be put in the students name after graduation?
A Parent PLUS Loan cannot be directly transferred to the student's name after graduation. However, the parent can refinance the loan in the student's name, provided the student meets the lender's credit and income requirements. This process allows the student to assume responsibility for the loan, but it requires a new loan application and approval.
Can I remove my ex-wife's name from my mortgage deed and loan through a loan modification?
No. Her name can only be removed via a refinance.No. Her name can only be removed via a refinance.No. Her name can only be removed via a refinance.No. Her name can only be removed via a refinance.
How do I transfer a Parent PLUS loan to the student?
To transfer a Parent PLUS loan to the student, the parent and student must contact the loan servicer to request a transfer of responsibility. The student will need to meet certain eligibility requirements and undergo a credit check. Once approved, the loan will be transferred to the student's name, and they will be responsible for repayment.
How easy is it to have your name removed from a car loan?
You cannot get your name removed from a valid loan. If you signed the contract your name remains in place until the loan is paid off. The only time I have seen the name on a valid loan adjusted was when a signer passed away and another party legally assumed the loan from the finance company. And no, divorce decrees will not help you.
Can the co-buyer have their name removed from the title once the loan is paid off?
Yes, the co buyer can have their name removed from the title. You can go to the title office and have it removed.
Is it possible to refinance a car loan into someone else's name?
No, it is generally not possible to refinance a car loan into someone else's name without the original borrower being removed from the loan.
