Use this Fact Sheet if:
- You will be being pursued for re re payment of a financial obligation; and
- You might be threatened with court thing to do control of your house or other land or house.
What exactly is home financing?
Under a home loan contract, a debtor will nominate home which can be taken and offered because of the loan provider in the event that debtor will not repay the funds loaned.
Mortgagee’s Energy of Purchase
The financial institution has got the straight to seize and offer mortgaged home when:
