Namatay ang may Utang.
1 Namatay ang may Utang. on Mon Nov 09, 2015 1:12 pm
3 Re: Namatay ang may Utang. on Mon Nov 09, 2015 9:51 pm
Depts follow the property.
If a lender get the collateral for NOT paid in time loan, there are some rules concerning geting back the collateral (I believe hiers have that chance too). That chance is time limited (One year from it's SOLD when it's a loan from a bank or such.)
If a lender have got the collateral for NOT paid in time loan, then the LENDER have the USING RIGHT during it isn't got back or sold further.
Perhaps that answered things you didn't asked I hope it answered all you asked.
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