Legal Question in Securities Law in California
Is it within law to NOT disclose a reason for ability when applying for a loan?
Asked on 10/06/09, 5:53 pm
1 Answer from Attorneys
Bryan Whipple
Bryan R. R. Whipple, Attorney at Law
What is a "reason for ability?"
To me, a "reason for ability" sounds like having the ability to be a good piano player because both of your parents were professional musicians.
I cannot relate "reason for ability" to the topic of loan-application disclosures.
Please re-ask your question with a full explanation of what you want us to discuss in our answers to you.
Answered on 10/06/09, 8:24 pm
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