Well it is very difficult for the lender to chase after a debtor who resides in Another Country. However, it is possible to pursue a case for fraud. Taking a loan out with no intention of paying back the loan is fraud.
No. Not without the lender's approval.No. Not without the lender's approval.No. Not without the lender's approval.No. Not without the lender's approval.
The answer depends on the lender. You need to discuss the situation with them and reach an agreement to transfer title. They may ask you to sign a deed in lieu of foreclosure and there may be tax consequences for you personally. You should speak with an attorney.
China
Any lender has the right to sue regardless of the reason if you choose not to pay them back. Leaving a state where you took a payday loan is not a reason for a payday lender to sue you - not paying them back is.
There will be serious consequences. The lender you don't pay has the right to take possession of the property by foreclosure.
You have no control over a lender selling your mortgage. However, it is less likely if you do business with a local bank.
No, it is still valid
No.
Answer: If Mary owns the property and the lender took a mortgage from Lucy then the bank can't foreclose on the property. Lucy had no interest to convey to the lender. (The lender didn't perform a title examination.) Did Lucy have Power of Attorney for Mary?
It is better to be a giver than a lender because the giver of charity takes nothing unlike the lender. The giver is helping out another person without the obligation of expecting anything back.
I don't think so, not without refinancing.
Yes.