What can they do if you default on a loan and you no longer have the collateral
Answered on: 9/28/13, 5:48 pm by John Jackson
Take the collateral from the person you gave it to and sue you for money damages.
Did you find this answer helpful?
0 Users found this answer helpful.
0 Attorneys agree with this answer.
Law Office of John A. Jackson, P.C. P.O. Box 795 Folly Beach, SC 29401► Other answers from this attorney