Sentences with phrase «sued after defaulting»

Not exact matches

Tracey Timony, a mother who cosigned her daughter's loan of over $ 100K, told those at the hearing she was sued after her daughter defaulted on the loans.

Some 15 years after the country carried out the biggest sovereign default ever, and 13 years after the hedge - fund billionaire first sued for repayment, the two sides reached a settlement late Sunday.

After the personal liability is eliminated, secured creditors can enforce their liens through repossession if you default on the loan, but they can not sue you for any deficiency.

If the debtor defaults on payments after signing a reaffirmation agreement, the creditor will have the right to sue for a deficiency judgment.

Tracey Timony, a mother who cosigned her daughter's loan of over $ 100K, told those at the hearing she was sued after her daughter defaulted on the loans.

If you default on the loan for any reason and the lender decides to sue for the money, there's always the chance that it will pursue the co-signer in court instead of going after you.

; If You Have to Sue Someone; Forms Needed for a Civil Claim; Service of Documents; If You are Being Sued; Mediation and Pre-Trial Conferences; Adjournments; Default Judgment; Preparation for the Hearing; Witnesses; Courtroom Etiquette; After the Appearance; and Appeals.

These lenders not only can come after your grandchildren's personal assets — if they default on these loans because of unemployment or their inability to negotiate lower payments — but they can also sue their parents if they've cosigned the loan.

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