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Do you still have to pay for a school instrument that you lost but did not sign a loan contract?
If you lost a school instrument and did not sign a loan contract, you may still be responsible for its replacement or repair costs, depending on the school's policy. Many schools have guidelines regarding lost or damaged equipment, which can include financial responsibility regardless of a signed agreement. It's best to check with the school administration for their specific rules and any potential options for resolving the situation.
What else can I help you with?
What to do if you still owe money a house your buying on contract for deed?
Take a loan from the bank...........
Can you pay on student loan while still in school?
no
If no promisorry note exists or was ever signed for a mortgage loan does the borrower still have to pay the loan?
statute of frauds contract must be in writing
Will settling for less and paying off a school loan hurt your credit?
It depends on your contract and the terms of the payoff.
What happens if your car is stolen and you still owe on the loan?
If the vehicle is/was encumbered by the original loan then it should be insured. If there is no insurance or the insurance does not cover theft the purchaser is still responsible for the full amount of the loan. The issue of the vehicle being stolen does not affect the legal responsibility of the buyer to honor the loan contract.
Can you be sued for the balance of a promissory note if the property is re sold?
Absolutely. You signed a contract to pay for a loan of money. It doesn't matter whether you still have the property that was purchased with funds from the loan. The promissory note is a contract to pay and is enforceable in court.
Can a bank repo a car after the contract has expired and you still owe money on the loan?
A contract for a car loan does not expire. A borrower must pay the balance on the loan in full, according to the terms, in order to take ownership of a car. A lender can repossess a car at any time due to a default on the loan, even if there is only one payment left.
How can you find the amortization of your loan?
when you request a loan, the institution will give you a contract or paperwork of the loan. In the contract of payment, you will find any details regarding the loan: interest, amount, amortization and other the terms.
What is a Imperfectly bilateral contract?
If only one of the parties undertakes a promise, it is referred to as "imperfect bilateral contract". For example, an agency contract without remuneration or loan contract without interest on a loan for use. In the latter, the borrower of the loan has only the obligation to return what he has borrowed whereas the other party has no counter obligation to fulfill.
What is a contract that let you rent someone else's possessions?
loan
If you default on a private student loan through a private lender not associated with your school or financial aid office are you still eligible for a federal student loan through your school?
Yes you are.
What is different between loan license and contract manufacturing?
The difference between loan licensing and contract manufacturing is that a loan licensing business has the ability to give out loans to their customers. A business that seeks out a contract manufacturer is looking for a company to manufacturer his or her products.
