If we were paying PMI insurance and we decide to quit paying and walk away.;? related questions

Asked by
If we were paying PMI insurance and we decide to quit paying and walk away.;?5samtha2012-11-06 00:17:02
Will keep the lender to come after us ? We refinanced seven months ago and now do not want the house and is an FHA insured loan .
Dad quit his high paying job and now is not paying child support?6tod2012-10-08 08:58:03
I do not know what to do here, I'm angry and I need some views of others on this subject. The father of my child has always been pretty good at making their child support payments, he is an official locksmith and thus made a lot of money ($ 60,000) and our agreement is for $ 546 per month, which was established by Support tables Alberta (where life) now in September, decided to quit his job and try to become a cabinetmaker so although it would be more difficult for my family that allowed him to reduce his payment to $ 350 per month according to the table amounts to what I wanted to do in the new job. I down Mat (unemployment insurance) and my partner has been made redundant and Employment Insurance is paying for it to go back to school so money is very tight right now as IE only give the amount we pay our bills essential not including car insurance or student loan debt or less what I'm getting permission stretcher and I have to go to childsupport. Now my ex is out of work and has a $ 14 per hour of work and stopped paying child support.He not yet paid for January and February has 13 days late. He used to answer the phone when I or my son calls him and he yells and curses at me about how not to pay and that the money you send should not be included in our family income. Do not know what part of me thinks I should go to Family Mantenace enforcment and can go after him for the money (and get your license, ruin your credit or put him in jail if not paid) but the other part of me understands that money is tight for him too, but I'm the only one who cares about keeping a roof over my son's head and food in the house while my credit invoice line visa and become increasingly large. It seems that all he cares about is himself and not even bother to talk to your son or check or anything. I do not want to make a decision with anger. What would you do?
Attorney advised us to quit paying our mortgage?1Rella2012-08-19 14:16:02
Last winter , my husband was laid off during most of the winter and now we're behind a lot of credit card payments and loan payments , and although our car and mortgage payments are current, our payment mortgage just went up and feel that you can no longer afford. Our house has been on the market for a few months now, but with the way the economy is right now, we have not had any offers. We talked to a lawyer who advised us to stop paying the mortgage .... said he still be able to live here anywhere from 9-13 months before we had to leave due to foreclosure .... and use the money you would have used for the mortgage to start paying our credit cards and loans (most deals have offered 50% ) and then file Chapter foreclosure 13. I know a couple people who have done this and it worked for them, but we are scared because bankruptcy is a big step ! We would get out of debt faster and have a new beginning, but are still undecided. Has anyone else done this and what is your advice ? Thank you !
If you quit paying on a secured loan, and the bank takes back the item, can they still sue you for the balance?1Roland2012-10-10 16:44:03
If you default on a secured loan , and the bank returns the item , you can still sue for the balance ?
Paying for the loan and insurance but no car!?1Teniel2012-10-13 19:01:02
3 weeks ago I bid on a car . my offer was taken but it is a private sale ! I've done all the insurance contract with a total loan from my bank check sent to their financing and the remaining amount by check in hand . he used to deliver the car until he says that the check in your company has financial and clear. Is this normal ? Also I have a letter from the bank to say , the pay figure wil be lifted and sent checks .
How can I get a car loan without paying comprehensive insurance?1Amaya2012-10-19 11:31:02
I would buy an eclipse of $ 6,500 and currently only has $ 2,000 in cash. I'd like to be able to build some credit and could easily afford the car in less than 6 months. The most important thing is that I do not want to have to have comprehensive insurance on my vehicle while your loan in which the price of my insurance will go up $ 250 doing outrageous in my mind . All help welcome thanks !
What if i stop paying my insurance when i have a car loan?3:(plz help2012-09-03 03:30:03
I am leasing a new car , been paying for 3 years and this month I could not afford the insurance , so I stopped driving and started cycling. and the insurance was canceled as 2 weeks and my registration was suspended (you reinstalled, but could not get my registration online) and says he has to fill out a form and pay 50.00 SR22 and maintain insurance for 3 years! what 's up with that ? beyond that , I completely forgot when I got my car, I was told to keep insurance on my car all the time, but I was not using! so I'm really scared and I have to know what happens after making the SR22 form ( unless you know how to get around this) and pay off my loan. Why do I have to have insurance on it. oh, I do not know if this is important , but I have the coverage gap. to report my car bec i did not have insurance for 2 weeks? ? please help, does not mean that the answers that terrifies me. Thank you.
Can I finance a new car even though I have another car loan open? My insurance is in process of paying it off.?2mike smith2012-09-07 13:31:02
I crashed my car three weeks ago and is considered a total loss. My insurance told me today that have contacted the dealer financing , and are aware of being paid in full . Do I have to wait for the car to be paid? or I can get a new car now? I want at the Dealership
If paying off collection accounts wont raise my credit score should I even bother paying them?6my writing is terrible2012-09-03 20:05:03
I need to buy a house fast . I am a home buyer first time with a FICO score of 620 . I have 5,000 for a down payment. I owe a few thousand in the old collection accounts on my report . None of this is revolving accounts . Would I be able to get a mortgage , while oweing these or impossible ? I have read in my fico.com that payment of these not increase my score so what's the point? ( I will pay in future only need a house desperetly ) Thanks for your help .
What interest rate should I be paying for a small business loan? My credit is A+. I am currently paying 9.5%0Charu2012-08-06 08:44:02
What interest rate should be paying a small business loan ? My credit is A +. I am currently paying 9.5%
Can my house be repossessed if I am paying mortgage but not paying a secured loan?2Sometiing2012-10-05 22:39:04
Will my home be foreclosed if I'm paying mortgage but not pay a secured loan ?
Is getting an auto loan at a bank then paying with that at a dealership the same as paying with cash?2Shiva2012-11-05 08:52:02
Say I have a co -signer and went to a bank or auto loan place to get a loan for a car I am wanting to buy . However, the dealer is a dealer cash . Would I be able to use that bank auto loan that dealership ?

Ask New Question  

  • You are not logged in,answer will be Anonymous.Set Nickname | Sign In | Sign Up
  • tags separate by ','
  • Shortcuts:Ctrl+Enter

Latest Questions