Legal Question in Banking Law in Utah
Laws to help provide relief for hardship
Are there any 'hardship' laws that would help a person be able work with the lender to help them start again and ''work out'' their mortgage if they had 2 severe hardships occur, such as medical issues and being attacked (ie;rape)
Asked on 9/24/08, 7:26 pm
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
Re: Laws to help provide relief for hardship
There are no laws that require a lender to accommodate a debtor beyond the terms of the loan. Your only power is to negotiate with the lender either yourself of through an attorney or third party.
OR you can file bankruptcy.
Answered on 9/28/08, 11:24 pm
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