I bought a land from a seller who took a loan from bank keeping this land as guarantee . The seller has now defaulted on the loan and the bank is asking me to pay the loan or they will foreclose on the land.
What options do I have ?
Suman (engineer) 12 December 2014
I bought a land from a seller who took a loan from bank keeping this land as guarantee . The seller has now defaulted on the loan and the bank is asking me to pay the loan or they will foreclose on the land.
What options do I have ?