Posts Tagged ‘Liquidation’

 

What happens when you have borrowed money from a Finance Company that has gone in to liquidation?

Wednesday, April 29th, 2009
Zebra asked:


When I say Finance Company I mean a lender that I obtained a loan from. Does this mean you have to repay the whole debt immediately? Or you get away with not paying anything more? Or you continue to pay off the debt under the original terms specified when the company was operating?