With a secured loan, such as a home loan, retaking the collateral ...

[michelleunicorn]

With a secured loan, such as a home loan, retaking the collateral generally ensures the lender will recover most or all of its costs.
  Indicate whether the statement is true or false

Question 2

After losing a home and having it sold at auction, a homeowner can be assured that all his or her debts to the lender have been discharged.
  Indicate whether the statement is true or false

[Loise Hard]

Answer to Question 1

F

Answer to Question 2

F

[michelleunicorn]

Thanks for the timely response, appreciate it

[nathang24]

Gracias!