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| Credit Cards, Banking, Securities Dealing with banks, securities, financial institutions, etc. |
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#1 |
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Junior Member
Last Online:
03-10-2007 10:04 PM Join Date: Mar 2007
Posts: 2
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Is it legal to alter the conditions or cancel a loan forbearance, without the customers approval, in the sale of a loan from one financial institution to another?
If so.., how can a forbearance be considered legally binding or honorable documents? Also, if so.., in what manner can they be altered or cancelled? |
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#2 |
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Top Level Member
Last Online:
11-16-2008 01:08 PM Join Date: Feb 2007
Posts: 723
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No--if an agreement was mde it is binding and you may sue on it if need be.
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#3 |
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Junior Member
Last Online:
03-10-2007 10:04 PM Join Date: Mar 2007
Posts: 2
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Thank you very much. I appreciate your vote of confidence.
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