Can This Remove A Car Loan
Debt Removal Secrets will not work if one still possesses the vehicle. A vehicle/home/boat is considered a secured debt because an asset can be seized. If the the car is no longer in one's possession, the debt / derogatory mark itself can be removed from the credit reports. Be cautious of anyone who says they have removed the debt from a vehicle/home/boat, as this is quite a rare occurrence (though it does happen) and often results in one losing the physical possession.
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Can This Remove A Mortgage / Home Loan
Debt Removal Secrets will not work if one still possesses the home. A home is considered a secured debt because an asset can be seized. If the the home is no longer in one's possession, the debt / derogatory mark itself can be removed from the credit ...
Can Assets Be Transferred If Payments Are Still Left (Mortgage or Loan)
Yes, one can transfer assets with payments still left. For example, a car will have a Bill of Sale stating the loan amount left. A home will have the Quitclaim Deed showing the amount still remaining for the mortgage.
Can An Individual's Car Be Taken in A Judgement For Debts Other Than A Car Loan
Yes, a vehicle may be taken by a creditor to pay certain delinquent debts even though one has no car payments and owns the title to the vehicle free and clear. This process is referred to as levy in aid of execution and is carried out by the ...
Can A Loan or Developer Be Gotten For Property with Land Patent
Yes, one cannot get a loan on a property with a land patent; however, one can remove the land patent via quitclaim deed, register it again with the county, and then obtain the bank loan. After the loan is secured, one can then put the land back into ...
How Would The Purchase of Property, Home or Car Work With Trust
The trust can outright purchase the asset with cash/credit or it can seek financing - this requires building corporate credit. In most scenarios, someone will personally apply for a loan and then transfer the asset into the trust via a Quitclaim Deed ...