Question

If a lender is not paid and the collateral that secured the loan is taken, this is called _____.

1)garnishment
2)bankruptcy
3)foreclosure
4)repossession

Answer 1

The answer to your question is Foreclosure. :)

Hope this helps!!! :) Have a great thhanksgiving and heres a turkey.

Answer 2

The answer to your question is Foreclosure. I'm in real estate so I know its correct.