Legal Question in Credit and Debt Law in Maryland

Look at your contract you signed. A maturity date is just what it says, it's the date the loan becomes due.

Of course, if the bank don't want to roll it over, you can seek alternative credit. If you cannot obtain credit from another source and you cannot pay, you will be in default. At that point, the bank can sue you and if there is security attached to the loan, they can place a lien on the asset or seize it.