3 ms·
Breaching a covenant entails that the entire sum of the loan becomes due immediately, not that the bank can confiscate the property _and_ keep what you paid.
by my123 6y ago
Breaching a covenant entails that the entire sum of the loan becomes due immediately, not that the bank can confiscate the property _and_ keep what you paid.
- srtjstjsj 6y agoThey can assess fees that are likely more than what you paid.