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Do you have to pay the boat loan if you do not own the boat but am the excecutor of the will?
Wiki User
∙ 14y ago
As the executor, you are responsible for ensuring that the assets of the deceassed cover any of their debts. If there s still a negative balance an equity, the estate becomes property of the deceased home state and the creditors are out the money. You are in NO way responsible, and cannot inherit another individuals death. Unless of course you sign a re-affirmation that you are taking over the note on the boat, in which case it then becomes your property.
Wiki User
∙ 14y ago
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How can one obtain a National Pay Day loan?
One can obtain a National Pay Day loan from the company National Pay Day. They have loan information that describes the types of loans they dispense on their own website.
Can you keep a car that your name is not on loan but was given to you by the deceased?
You need to have the title transferred to your own name and notify the loan company of the change in ownership. Then you will need to pay the balance of the loan or renegotiate the loan with the bank. If you don't pay the loan the car will be repossessed.
If your ex was court-directed to pay off your home-equity loan in the divorce can you sell the house without using your own equity to pay off the loan if he cannot refinance or pay in a lump sum?
Since the house was used as collatoral for the loan you would have to use your equity in the house to pay off the loan.
How could one pay a home mortgage online?
You can pay a Home Mortgage online. If your loan is with Wells Fargo, Chase Bank, Bank of America or US Bank you can go to their website and pay your Mortgage loan there. However if your Loan is with a Mortgage Company such as Plaza Home Mortgage you will have to go through your own Bank's Bill pay system to pay your loan online.
How do you put your car loan in someone else's name?
You just can't place your loan in someone else's name. That other person has to get his/her own loan for the car and pay off your loan.
Can you just have an ID to be a co signer of a car loan?
You will need an ID and the lender will do a credit check. When you co-sign a loan you are promising to pay the loan if the primary borrower defaults. The lender will want to know that you can afford the payments and the loan will be considered your own loan. See related question link.You will need an ID and the lender will do a credit check. When you co-sign a loan you are promising to pay the loan if the primary borrower defaults. The lender will want to know that you can afford the payments and the loan will be considered your own loan. See related question link.You will need an ID and the lender will do a credit check. When you co-sign a loan you are promising to pay the loan if the primary borrower defaults. The lender will want to know that you can afford the payments and the loan will be considered your own loan. See related question link.You will need an ID and the lender will do a credit check. When you co-sign a loan you are promising to pay the loan if the primary borrower defaults. The lender will want to know that you can afford the payments and the loan will be considered your own loan. See related question link.
Can you transfer the lien from your home equity loan to another property you own?
No, you cannot "Transfer" the loan. But you can take out a loan on the other property and use it to pay off the first.
What the loan cosigner's responsibility when the loan is for a friend?
A cosigner's responsibility is to pay the loan in full if the primary borrower fails to pay. The connection to the primary borrower is irrelevant, whether it is a family member or a friend. You should never co-sign unless you can afford to pay your friend's loan. You should also note that when you are required to pay the loan as a cosigner (after the primary borrower defaults) your own credit may be ruined and you will be paying for property that you do not own. The default rate for people who need co-signers is high.
Can a husband let the wife take over the loan of a house without her having rights to own the house?
If the loan by the Bank than it will be on your name. Do not pay loan if someone else as name to the loan.
What is the Kelly blue book for boats?
The Kelley Blue Book for boats helps determine the loan value of used boats. It can help determine the price that used boat dealers will pay for a boat.
How can I take my name off a straw purchase on a car loan?
If you co-signed a car loan you can't take your name off the loan. If you co-sign for someone with no credit or poor credit you are promising to pay off the loan if they don't. The only way to get your name off the loan is to pay it off or have the borrower refinance the loan in their own name.
Can someone else be a co-signer for a loan on a house?
Yes, but that person is guaranteeing to pay the mortgage if the primary borrower defaults. That means they will have to pay for property they don't own. No one should co-sign any loan that they cannot afford to pay.
