Bond repayment arrears
Date: Wed, 01/19/2011 - 07:09
Dear Nelly
I need help as i in arears with my bond repayment and they are already proceeding with legal action, where can i borrow R20000 to clear the arrears immediately within 5 days?
I need help as i in arears with my bond repayment and they are already proceeding with legal action, where can i borrow R20000 to clear the arrears immediately within 5 days?
If you have equity in your home, then you can cash out the equit
If you have equity in your home, then you can cash out the equity and get a loan to pay off the default amount. However, it will depend upon your mortgage lender as to whether or not he will help you with a loan when you are facing legal actions for non-payment of dues.