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What are the Consequences of leaving the country without paying back loan from high street lender?
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.
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Can a mortgaged property be placed in trust?
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.
If you simply give your keys to your lender--leaving the house in perfect condition--do you just walk away and suffer the consequence on your credit--or will you have to pay the lender something?
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.
What country is US's biggest lender?
China
Can you get sued by a payday loan company for moving out of state when you have a payday loan in the state that you are leaving?
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.
If you have two mortgages can you pay one and not the other?
There will be serious consequences. The lender you don't pay has the right to take possession of the property by foreclosure.
Can you get a mortgage without your lender selling your mortgage?
You have no control over a lender selling your mortgage. However, it is less likely if you do business with a local bank.
Is a mortgage note invalid without the lender signing?
No, it is still valid
Can a lender sue you if they sold your car without letting you know they were selling it?
No.
In Nevada if Mary's name is on the title and deed but Lucy is signatory of the mortgage loan who bears the consequences of a foreclosure?
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?
Why is it better to be a giver than a lender?
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.
Will the lender lower the interst rate?
I don't think so, not without refinancing.
Can a security or bond pledged be sold by the lender without recourse to the borrower?
Yes.
