10/31/09, 5:11 pm
Question
I took out a personal loan of about $7,500 7 years ago and lost my job soon after,so I could not maintain payments. The company, Beneficial Finance has sued me for the money , which I cannot pay. I own my home outright and am terrified they will force its sale. Could they do that, legally?
Mary
Answers
| Yes, it is possible, but the creditor must take a number of |
| If you owned this home and filed a declaration of homestead |
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