Posted on: 15th Jul, 2009 03:59 pm
demanding the balance . what are my options i have lost everything to them
Speak to an attorney
Hi Manoj,
You do not have too many options. The bank will come after you to recover the loan balance. You can now contact an attorney and check out if there are any anti-deficiency laws in your state that can stop your bank from coming after you. You can also contact your bank and see if they are willing to negotiate with you to settle the loan balance for less than the amount owed.
You do not have too many options. The bank will come after you to recover the loan balance. You can now contact an attorney and check out if there are any anti-deficiency laws in your state that can stop your bank from coming after you. You can also contact your bank and see if they are willing to negotiate with you to settle the loan balance for less than the amount owed.
the banks dont want to negotiate i dont have anything to my name, will the court put me in prison for non payment. i am very afraid
can someone please advice if i will go to jail for the above problems thanks