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Thread: Financing

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    Financing

    A woman I know has a car loan with a car financing company. She had a license but he had the job and no license. Can someone tell me how this was done? Is she the owner and he is the co-signer? I am really stumped on this situation.



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    Re: Financing

    that post is hard to comprehend what you are asking. please clarify.



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    Re: Financing

    the doctor is the mother?



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    Re: Financing

    Quote Originally Posted by isulive2train View Post
    the doctor is the mother?
    But then who is the chef?



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    Re:Financing

    I don't suppose the lack of a license would preclude someone from purchasing a car or getting a loan for one.



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    Re: Financing

    Quote Originally Posted by CYVADER View Post
    that post is hard to comprehend what you are asking. please clarify.
    She has a drivers license, her ex-husband did not. The vehicle is now in default and now are garnishing his wages. Naturally he is mad, is she still responsible for the loan (her credit is now most likely shot) if he is the co-signer? Will they come after her also? He also is in arrears for child support and those will be garnished as we speak.



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    Re: Financing

    Quote Originally Posted by cycarob View Post
    But then who is the chef?
    He is on southpark



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    Re: Financing

    If she has a job the company she/he got the loan from is able to garish the wages after a court filing/ruling. If he had a job, his wages would be garnished as well.



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    Re: Financing

    *garnish



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    Re: Financing

    She is currently not working due to young children still in the home, but plans on that next year.



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    Re: Financing

    Quote Originally Posted by Dave2010 View Post
    He is on southpark
    He quit a few years back after the episode where they made fun of Scientology.


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    Re: Financing

    Quote Originally Posted by Dave2010 View Post
    She has a drivers license, her ex-husband did not. The vehicle is now in default and now are garnishing his wages. Naturally he is mad, is she still responsible for the loan (her credit is now most likely shot) if he is the co-signer? Will they come after her also? He also is in arrears for child support and those will be garnished as we speak.
    he should have put a wrapper on his warrior.


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    Re: Financing

    Quote Originally Posted by whirlybirds View Post
    He quit a few years back after the episode where they made fun of Scientology.
    Chef is dead isn't he?



  14. #14
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    Re: Financing

    Quote Originally Posted by Dave2010 View Post
    She has a drivers license, her ex-husband did not. The vehicle is now in default and now are garnishing his wages. Naturally he is mad, is she still responsible for the loan (her credit is now most likely shot) if he is the co-signer? Will they come after her also? He also is in arrears for child support and those will be garnished as we speak.
    With or without a license they are both responsible for the debt. If he has child support being garnished out of his check, that will take precedent over the defaulted car loan. If she is not receiving any income it would be hard for them to get anything out of her. They could possibly repo the vehicle if it still has enough value or file a bank attachment if they found were she or he banks.



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