Archive for May, 2009
May
30
would i be able to claim housing benefit. uk?
Posted by: | Commentsjust wanted to know.IF i was to rent a house from my childs paternal grand mother.[not my mum] would i be able to claim housing benefit.im not married.
Quick House Sale
May
30
It seems like all the commercial insurance places only want to cover a tow truck if its purpose is repossession less than 10% of the time.
Repossession
May
30
Question about a voluntary vehicle repossession?
Posted by: | CommentsI want to volentarily turn my vehicle into the bank. From what I understand, the car will be auctioned off and the bank will send me the bill for the balance. So, say I owe 16k on it and the bank sells it for 10k, then I get a bill for 6k? Right? How relentless are banks in pursuing the balance? I know they probably reserve the right to pursue legal action to get the bill paid, but do they often do this? How likely is the bank to eventually stop collections and just write the balance off as a loss? I dont want the car anymore, I cant afford the monthly payment anymore and I am so upside down it, I cant privately sell it and hope to ever get close to what I owe on it. I know this will ruin my credit, but my credit is already trashed, I don’t really care at this point.
Quick Property Sale
May
29
The house is in a park, not on private land. It’s a big one, 2400 sq.ft. I am current with the payments, but my job is making me move 500 miles away, I won’t be able to make payments on 2 homes. Is it better that they repossess it or foreclose? It’s for sale but the market doesn’t look good, homes have been for sale there for over 4-5 yrs. Renting is out of the question, I can’t afford the insurance they charge for a rental modular, and I don’t want it destroyed by the kind of tennants it would draw.
Quick Property Sale
May
29
when the car is actually a secured loan.
what is the logic behind it that’s so much worse than regular debt unpaid?
if someone’s credit is already shot, say 600, how much damage can repo do?
Quick Property Sale
May
28
how does a voluntary vehicle repossession affect your credit?
Posted by: | CommentsHow points go down? Is it considered a collection? How long does it stay on your record? If a lease, does that payoff go on your record?
Real Estate Professionals
May
27
Say, no payments made from June 2007, how many months of non-payment before the mortgage company takes action. And, what actions are taken? Do they file a notice to the homeowner? Is it Public Notice that everyone can see, and where is it posted?
Rent Back
May
25
Is a voluntary repossession any better than a repo where they have to come get it?
Posted by: | CommentsI voluntarily surrendered a car because it was a piece of junk and now I want to purchase a new vehicle.
Rent Back
May
25
Can they repossess my new car after a previous repossession two years ago?
Posted by: | CommentsI had bought a car in 2005 and had it voluntarily repossessed in 2006 after a divorce and no job. I heard through the grape-vine that if i didn’t settle the old account that if i bought another vehicle it’s possible they can repossess my new car to settle the debt on my credit at any time. Is this true? Rhode Island, resident.
They as in Creditors! And the car i’m buying will be paid for no more loans. I will be paying taxes on it evey year but that’s it.
Real Estate Professionals
May
24



















































