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it depends if you used the other house in any way to secure the loan for the second house. Please be more specific in your question so I can help you.
No. The money you borrowed was secured by one home; not your other home, not your car, not your furniture. If you still owe money when the house is eventually resold, they will come after you for that money, usually in the form of a judgment.
No.
no
other publick sector bank
The bank's repossession of their house left the family with no place to live.
Yes they can repossess everything that you got a loan for.
As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.
The house has to be put up for sale and the profit will be divided between the children. You may also let the bank repossess the house if it has little value.
no
If you aren't paying in full they can repossess the car. To a bank " some sort of a payment " doesn't count. Call them and make arrangements.
When the owner defaults on the loan payments
The bank doesn't own the car. Unless you used it as an asset, or collateral for a loan from them, they should have no hold on that.
it is up to the bank to decide. Legally, as little as 1 cent.
yup
A dealer will never repossess, UNLESS they are also the financier. most dealerships sell the loan to a bank, whom you make payment to... this bank will be the "reposseser". Now, that's not to say that the bank will not notify local dealers to be on the lookout for a car they are actively chasing to repossess, but most of the time they will just come to your residence to serve the repo. I have never heard of a dealership doing so, because most banks have folks that can get your car by other means if they want it back bad enough.
If the bank holds the loan, then yes. If the payments are stopped, the bank will repossess anyways.