Legal Question in Business Law in California
secured notes default
What is the procedure when the borrower default on secured notes for a restaurant business
Asked on 4/23/09, 3:35 pm
1 Answer from Attorneys
Chris Johnson
Christopher B. Johnson, Attorney at Law
Re: secured notes default
It depends on the type of security interest and what it's in--if it's real estate, you can start the foreclosure process.
Answered on 4/23/09, 5:46 pm
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