This topic contains a solution. Click here to go to the answer

Author Question: A secured creditor who removes its collateral from a property that is about to be foreclosed upon ... (Read 77 times)

abc

  • Hero Member
  • *****
  • Posts: 543
A secured creditor who removes its collateral from a property that is about to be foreclosed upon must pay the foreclosing creditor for the loss of value to the property that results from the removal.
  Indicate whether the statement is true or false

Question 2

Consumer title loans, made in exchange for title to a car if the borrower defaults, are also called predatory loans and are illegal per se.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt95

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

FALSE

Answer to Question 2

FALSE




abc

  • Member
  • Posts: 543
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library