victoria bushfires: will the banks still demand payment for mortgages?

C

captainkwa

New member
Joined
Nov 28, 2008
Messages
11
Reaction score
0
Points
1
when people have just lost all their worldly possessions and some of their family and friends are the banks still going to demand these people pay their mortgages?
Mo'e sweetie, they still owe the money even if the house is gone
 
If they have a mortgage then it will be insured, or it should have been. The insurance company will pay whatever is due.
 
Sweetie, that`s kind of a silly question, how can banks demand mortgages on houses that burned, and no longer exist?....
 
Back
Top