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What else can I help you with?
Who pays off the balance of a deceased credit card person?
If person dies with debt, the debt does not die with them and their creditors have the right to be repaid from the deceased's estate. The executors of the estate need to be aware of any debts in order that they can deal with them. If there is no estate, or if the debts are relatively small, creditors may well write off the debt. If any debts are in joint names, the surviving partner will remain liable for the debt.
You are a cosigner and the debtor has filed chapter 13 what happens to your obligation?
You are protected during the term of his bankruptcy. If he does not resolve the debt under it, you will remain responsible.
How do you use custodian in a sentence?
According to the will,Joseph will remain the custodian of the estate.
If you are the beneficiary of compensation do you have to pay off the deceased debts?
The estate of the decedent is responsible for any debts owed by the decedent. Those debts must be paid BEFORE any distribution is made to the beneficiaries. The debts were incurred while the decedent was alive. The funeral expenses, by law, must be paid before any distribution can be made to the beneficiaries. It is the responsibility of the estate fiduciary to settle the estate by paying the debts of the decedents. The beneficiaries receive any assets that remain after those debts have been paid. See related question link.
Can the cosigner demand that the car remain in the same state where he or she resides?
No, a cosigner does not have any legal rights to the vehicle, but does have the legal obligation to repay the debt if the primary borrower defaults on the contract. An exception could be if the cosigner is also named on the title to the vehicle, and if so, how the title is worded.
Can a deceased person in Texas be sued for the return of a leased vehicle?
Yes, the estate can be required to return a leased vehicle according to the terms of the lease. If you read the fine print, it's there. Do you think that the vehicle should remain the property of the estate when it was only leased in the first place? That's the idea of a lease, the vehicle belongs to the leasing company and they let you use the vehicle for the terms of the lease. The terms of the lease are defined in the contract. If the estate of the deceased has been sued, I'm sure it is consistent with the terms of the contract.
What happens to the remaining assets in a closed estate?
If any undistributed assets remain in the estate then the estate must be reopened and an estate representative must be appointed by the court.
If the co-signer do not have enough credit after being the co-signer half year for a car loan because of the co-singer lose the job What will happen to the co-signer?
AnswerIf you have already been the cosigner on the loan, you will remain so until the loan is refinanced or paid in full. It doesn't matter if the cosigner has lost their job or not. As long as the person is making their payments, the cosigner isn't affected at all.Good luck job hunting cosigner! :)
How can a cosigner be released from responsibility if other party wont pay our return vehicle?
cant , once the cosigner has signed that contract its legal and will remain that way unlesssss you wait till the final of the repo and they have sold the car and are trying to collect a balance from you then you file bancrupcy
Can your sister continue to reside in a home that was bought for her by our deceased father if he willed it to her and he was the only mortgage holder?
Provided the estate is solvent, she should be able to obtain the title to the home, subject to the remaining mortgage. She can remain in the home, but will have to satisfy the finance company's lien on the home through a new mortgage or paying it off. There may be additional clauses in the will directing that the mortgage be paid off by the estate. The executor of the estate, or their legal counsel, will be able to answer these questions.
Can a judgment be dismissed if one of the party is deceased?
If the judgment was granted against someone other than the deceased the judgment is still valid and will remain until it is satisfied or paid in full.
Do the deceased in Islam know and feel the love and longing that their loved ones have for them?
In Islam, it is believed that the deceased are aware of the love and longing that their loved ones have for them. This belief is based on the concept that the souls of the deceased remain connected to the living and are aware of their emotions and prayers.
