What will happen if the principal borrower out-of a home loan try struggling to pay-off the loan EMIs because of particular unfortunate circumstances? Era such limited otherwise over disability and/or death of the primary money-winner (in such a case, the fresh new debtor) normally place their dependants not as much as a big obligations. In case your dependants can not pay-off the loan, the financial institution may even seize the house or property and you will/or the collateral offered, ergo getting dependants in a condition regarding economic duress. Continue reading →