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 69 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
Excellent


pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

For a complete list of videos, visit our video library