the car was repossesed as i didnt pay the finance they sold the car at auction and want the remainning balance but the house they are trying to put a charge on is a house that i bought with my brother in 1992 and have not lived there since that time i helped my brother to get a mortgage, can they put a charge on that house even though the finance was taken out at another address
2006-08-09 11:22:09 · 19 answers · asked by ghulam h 1 in Cars & Transportation ➔ Other - Cars & Transportation
don't know
2006-08-09 11:25:51 · answer #1 · answered by ♪♫♪♫♪♫♪♪♫♪♪♫♪♫♪♫♪♪♫♪♫♪♫♪ 5 · 1⤊ 0⤋
Yes they can. Call them and see if you can pay it off in installments and arrange for your name to be taken of the house deeds.
It is in your brothers best interest not to have you on the mortgage anymore.
2006-08-10 05:28:34 · answer #2 · answered by sarah w 2 · 0⤊ 0⤋
They can put a lien on anything that is in your name. If you are still on the title of that property, they can put a lien on the house. You need to make arrangements to pay off this balance so your brother does not suffer because of your financial irresponsibility.
2006-08-09 11:29:46 · answer #3 · answered by just♪wondering 7 · 0⤊ 0⤋
Yes they can. If you buy something, you have to pay for it. Dumping the payments and walking away is not an option;they are a company to whom you made a request for finance, and they have a right to recover what you owe.
2006-08-09 11:30:33 · answer #4 · answered by k0005kat 3 · 0⤊ 0⤋
If your name is on the mortgage it is an asset that you own, so yes they can try to get the money through that house.
2006-08-09 11:26:20 · answer #5 · answered by ? 6 · 0⤊ 0⤋
If its in your name then yes they can, I suggest paying off the remaining balance unless you want your brother to lose his property
2006-08-09 11:26:05 · answer #6 · answered by Anonymous · 0⤊ 0⤋
It is your property and the address is immaterial. Pay the remaining balance, or the lien will exist to haunt you forever.
2006-08-09 11:28:02 · answer #7 · answered by yes_its_me 7 · 0⤊ 0⤋
yes, they can access as much payment they need to clear whatever they need. When making an purchase on credit such as a car, they are usually attached to house or possessions.
2006-08-09 11:34:30 · answer #8 · answered by lonely as a cloud 6 · 0⤊ 0⤋
$2300. Your cost minus down cost leaves sixteen,000. 305 situations 60 equals 18300, the finished you would be paying over 60 months. Take the finished (18300) minus what you owed (16000) and you get the finance fee the remainder of 2300.
2016-09-29 02:33:28 · answer #9 · answered by lyon 4 · 0⤊ 0⤋
They can go after any asset(s) held in your name.
If your name is on the property deed then thay can go after it.
I suggest you contact them and try working out a payment plan.
2006-08-09 11:25:46 · answer #10 · answered by Plasmapuppy 7 · 0⤊ 0⤋
Yes, they can, if the house is in your name.
2006-08-09 11:26:56 · answer #11 · answered by Justsyd 7 · 0⤊ 0⤋