Sentences with phrase «arise after the loan»

Co-signers have a legal liability for the loan, but this liability only arises after loan payments are not made and the loan becomes overdue.

While this seems blatantly obvious, many times these issues arise after the loan commitment has been executed.

Not exact matches

Mr Marfo, who was the Minister of Finance at the time the loan was approved, suffered severe backlash from some Ghanaians especially members of the National Democratic Congress (NDC) for failing to conduct due diligence after questions about the company's identity arose and subsequently when the address it provided was traced to a beauty salon in the UK.

Some unsecured debts are also not discharged in a bankruptcy, such as student loans less than 7 years after you stopped going to school and / or any alimony or child support, as well as any debt arising from fraud.