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HELP PLEASE!!! what is the outcome when a person defaults on a home loan? A. the person goes to jail. B. the bank will make the person work a second job. C.the bank will take the person's car. D.the bank
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HELP PLEASE!!!

what is the outcome when a person defaults on a home loan?
A. the person goes to jail.
B. the bank will make the person work a second job.
C.the bank will take the person's car.
D.the bank will foreclose on the home.

User Bad Boy
by
4.3k points

1 Answer

4 votes

Answer:

D.the bank will foreclose on the home.

Step-by-step explanation:

The bank may even sue and garnish wages and financial accounts. The bank may even serve a conversion of accetts.

User Nosklo
by
4.6k points
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