Vague, confusing question. If the LL accepts a late partial payment, he can still
sue the tenant for non payment. UNLESS he writes new contract stating he
will not do so.
The full dollar amount
Yes, you do. GAP coverage covers the difference between the value of the car and the amount owed. That means that you are making payments on the car, which is financed, which requires full coverage, insurance wise.
You can be evicted for not paying your rent.
All companys that I am aware of will accept payments.
Usually when your buying car insurance you have the option to make monthly payments, or pay in full -if you pay in full, you pay the full amount for the year. This way there are not payments to be made until 12 months later when you have to renew your insurance....
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.
No. Making payments, unless it's the full balance, in no way protects you. You can still be sued, turned over to collections, ect.
depends on contract, if your up to date on payments they usually wont. if you pay in full at time of purchase it wont be a problem
A collection agency is not hired to get the amount paid in payments they are paid to get the amount in full. At this point the place you originally owed the money to and did not pay may or may not be willing to take payments being that they have now hired the collection agency to get the money from you. YOu can call the original creditor and tell them you are willing to pay and if they say no then you must pay the collection agency, I have never heard of any of them taking payments. When they get hired they try to collect as much as possible of the owed amount so they can get a higher commission. They dont want payments they want money in full....
If you are still making payments to the bank, then legally it is the property of that bank. If you fail to make the payments, the bank reserves the right to take back their property. Property can usually be returned to the purchaser if the the purchaser can make the payment in full, within a certain amount of time set by the bank.
Both credit and layaway plans involve purchasing items without paying the full amount upfront. With credit, the purchase is made immediately with an agreement to pay back the amount in installments over time with added interest. Layaway involves setting aside the item and making payments towards it until the full amount is paid, after which the item is released to the buyer.
If the bills were overdue and you are making payments as the result of being 'dunned,' and the bills are not yet paid in full, it will reflect on your credit report.