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Secure Bank Loan

 
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lutherbeau



Joined: 09 Nov 2012
Posts: 10

PostPosted: Fri Nov 09, 2012 6:40 am    Post subject: Secure Bank Loan Reply with quote

A good example is a home that the bank helped to buy can be a primary security. Here, a bank will create their charge against the home which will give them the legal mandate to dispose the asset off to pay off the loan.
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