Made a payment on my sons car. Am I now held legal for all his payments? I am Not a cosigner..
Your payment of a single installment on a loan does not make you responsible for any future payments on the loan.
Houston, TX
Debt and lending agreements Lawyer at Houston, TX
Practice Areas: Debt & Lending Agreements
Your payment of a single installment on a loan does not make you responsible for any future payments on the loan.
You can't be arrested for failing to pay a debt. The lender may chose to sue you for the debt and report the default on your credit reports.
Are you sure only her name is on the title? This would be unusual when there are two names on the loan. Whether you could take the vehicle also...
You should be more concerned about your ex making payments on time. You can't get your name off the loan. Either you sell it together or she must...
You have the right to move, but you need to be prepared for the financial costs which come with such a move.
No useful answer is possible without seeing the statement. It is possible you are being charged for changes to the escrow account for such items as...
A police report must be made immediately. To protect your claim under the Fair Credit Reporting Act, you must dispute the debt with the credit...
Your lawyer must tell you how she/he will proceed.
If the bank or new buyer is trying toi evict you then the foreclosure has already happened. Depending on the facts of your foreclosure you might...
The taxes on the property must be paid before the deed to the house can be transferred to your heirs.