However, in any case, the loan inherited, become a headache not the heir, and his guardians. As the borrower may violate the terms of the contract, they know everything. Base this can be a violation of one of the parties to the contract. The non-payment of debt, late payments can be a substantial reason for the cancellation of the credit agreement. If the Bank delays the borrowed funds or provides incomplete, then the borrower may require the Bank to comply with the terms of the contract, or to apply to the court to terminate the contract.
And when the amount of own funds is not enough, in this case people suffering from creditmany, begin to contact the banking organization. If the lender illegally increased its rate of interest or decided to charge a fee for services that have always been free, it will also serve as a basis for termination of the contract unilaterally. Once you join your rights and will become the full owner of the inherited property, you immediately appear the obligation to pay for someone else's loan and fend off foreign creditors.
For example, if the Bank unilaterally amended the contract. It's a dark, gangster and totally unfair scheme. Refinancing, or refinancing, is a procedure in which the borrower takes a new loan and expense extinguishes the old. Unfortunately, justice is not a legal concept that what is called "the matter will not sew." Another example is when a borrower cannot demand cancellation of the contract, although such a desire it occurs and relates to floating interest rates. Again, this is entirely the fault of the client, so with such a claim in court you can not even walk, he'll stand on the side of the Bank. In the most positive of intentions they are trying to buy on credit, the maximum available for housing, choosing a more prestigious area. Very often potential borrowers are lured by the fact that promise to provide consumer loans or cash loans within 15 minutes at the time of treatment, and from the potential borrower in obtaining such loans will not need to provide any documents other than passports. However, all the above factors are not so easy, so many mortgage borrowers also fall into the group of those who struck creditomania. For example, a borrower wants to take a Bank of 100 thousand rubles.