Can unsecured loan companies make you sell investments/shares in stock market to pay back their loans?
I am currently going through bad patch and cannot meet the repayments. i hope to be back at work soon though?! any help greatly appreciated.
Answer
Not without a court order, they can not. if the loan is unsecured, it is unsecured. their recourse is limited. mostly to harrasing phone calls. a court would be
unlikely to attach your shares, especially if they did not know about them. mum is the word.
