Sentences with phrase «recover unpaid debts»

If your bank forecloses your property but can not recover the unpaid debt, then you might have to pay for the deficiency.

Not exact matches

The FAST Act also allows private debt collection agencies to recover unpaid tax debt, which critics warn may open the door to abuse.
The Treasury withholds benefits of 3.1 million Social Security recipients to recover defaulted student, farm and small - business loans, unpaid income taxes, amounts veterans owe for health care, and other debts to the government.
The mortgage deed or trust does not have a power of sale clause, therefore the lender, trustee or another lien holder must take the borrower to court to recover the unpaid balance of a delinquent debt.
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