Subrogation, It's basically when an insured's insurance carrier pays for the damage done to their vehicle, even though it was the other parties fault. The insured's carrier will then go after the other parties carrier for reimbursement.
That is up to the discression of the insurance company.
what is it called when goverment note that is repaid with interest?
repaid, satisfied
Pay what you owe and negotiate with an insurance broker for the best company and deal. Since you have repaid your debt and you had no moving violations or accidents this should be easy.
creditors
creditors
When an insurance company passes through acute financial stringency, it can apply for insolvency before the court of law. They will depute temporary caretaker,assess their financial condition (both their market loans,physical and liquid assets. The policy holders will get the top priority to get back their due money, followed by the creditors. The residue fund,after deducting all legal expenses, will be hand over to the stakeholders of the insurance company.
That is the whole idea to co-signing. Another party to collect from if the debtor doesnt/cant pay. You are the insurance policy that the loan will get repaid. AND neither the lender nor the debtor has to pay for that insurance.
Repaid their debts.
A system for holding workers to their jobs until debts were repaid
rebate
A guarantor.