Cowboy w2b
@Cowboyw2b
11 March, 07:08
Q: If you have a mortgage with a bank that goes bankrupt, do you still have a mortgage?
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You still have a mortgage. The FDIC steps in to run the bank to include collecting money for credit obligations., i.e. credit cards, mortgages, auto loans. recreational vehicles, lines-of-credit...
They will sell off tangibles and intangibles to settle debts the bank owes creditors.
It's a MESS.
They will sell off tangibles and intangibles to settle debts the bank owes creditors.
It's a MESS.
08:49 PM - Mar 11, 2023
In response Cowboy w2b to his Publication
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