GEEKLIFE7647 GEEKLIFE7647
  • 24-10-2019
  • History
contestada

If a lender is not paid and they take the collateral that secured the loan, this is called

Respuesta :

personifeiffkx2 personifeiffkx2
  • 24-10-2019

Answer:

Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.

Explanation:

Answer Link

Otras preguntas

What is the answer to: Simplify 9^3/2 ? Thanks guys! :)
What is the answer to: Simplify 9^3/2 ? Thanks guys! :)
The Speedy Fast Ski Resort has started to keep track of the number of skiers and snowboarders who bought season passes.The Ratio of the number of skiers who bou
The Speedy Fast Ski Resort has started to keep track of the number of skiers and snowboarders who bought season passes.The Ratio of the number of skiers who bou
What is 3.5 converted into a percent
What are three fractions equivalent to 1.7
Convert 11/50 into a decimal
can anyone help me out. i dont know what 9x9 equals. what is the prouduct?
What is the square root of 100
A lab technician has 680ml of solution of water and acid, 3% is acid how many millimeters  are acid? water? can someone please explain step by step to solve thi