Category Archives: Unpaid Loans

Consequences of Unpaid Loans: What Happens to Insolvent Debtors

Unpaid financing what happens to the owner

Unpaid financing what happens to the owner

The economic uncertainty of these years leads more and more people to have problems with consumer credit. Unpaid loans are therefore a reality not to be overlooked and which does not always depend on the amount of the amount requested.

If you intend to apply for a loan or a small loan it is therefore good to understand what happens to those who are unable to pay the installments. In fact, the consequences can be more or less serious depending on the type of insolvency. Continue reading