In the foreclosure process the lender has the right to sell your property at a public auction in order to
collect on the delinquent loan.
«These failures — including the loss of the original loan document necessary to
collect on the delinquent loans — have already rendered as much as $ 5 billion in loans uncollectable.»
Not exact matches
A collection agency may garnish wages without a court hearing to
collect on delinquent student
loan debt.
Cornerstone changed the payment amount
on my student
loan and then proceeded to harass me with DAILY phone calls and emails to
collect the
delinquent $ 13 increase.
The borrower was likely
delinquent or in default
on their
loans and EdFinancial was attempting to
collect from them.
Corinthian would buy back any
loans that were more than 90 days
delinquent while Aequitas was able to solely
collect on the high interest
loans that were performing quite lucratively.
Servicers
collecting payments
on federal PLUS
loans can use the same tactics against endorsers that they employ against the
delinquent borrowers, including wage garnishment.