its called repossession, which is the name of the category you put it in, so its odd you didnt know that
newdiv
Yes. A payday loan company may sue a borrower in Texas in order to get their money back.
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In most banks, this is called a withdraw.
it is a possibillity but...No but they can cash the start up check.
No at least I don.t think they can
legally it is called a "withdrawal" Illegally it is called "robbery"
The person or business may not pay the loan back and the bank has to take the loss
yes
It when your mortgage to the bank has been defaulted on and they decide to take back your home to compensate for their lost money.
Yes, verbal contracts are also binding
when the bank gives youm a sale of your money you neeed to pay back ok so go take 1m from the bank