debt
Date: Wed, 03/04/2009 - 12:09
when you fail payments on personal loan from the bank and the debt is passed to an outside collector who refuses payment by installments, he has advised he is going to take it to court to place a charge on the property, what does this mean
It means that the outside collector is going to pursue legal act
It means that the outside collector is going to pursue legal action against you, requesting that a lien be placed on your home. That means if you ever try to sell your home, you will have to take care of the debt first before you can do so.
I'm not sure but I would guess that you will run into problems i
I'm not sure but I would guess that you will run into problems if you try to refinance a mortgage