Legal Question in Credit and Debt Law in California
If I used my house as collateral to post my bail and I went to court and bail was exanerated, and after that was unable to pay the balance to bondsman are they legally allowed to fourclose on my property? Or is there something that could of been done?
Asked on 3/28/13, 6:32 pm
1 Answer from Attorneys
Charles Perry
Law Offices of Charles R. Perry
Any sort of collateral is at risk of being foreclosed upon if the underlying loan is not repaid.
Without knowing more about your situation, it is not possible to advise you as to what you can do or could have done.
Answered on 3/29/13, 12:38 am