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Response to Do they take the endowment policy when they reposess?
from Too scared to say (iwasduped@yahoo.com)
My policy wasn't assigned directly to the Lender - but they took it
anyway. It was assigned to the Insurance Co providing the top up
loan to 100% - apparently the Lender can claim it where they have
the mortgage to which the 2nd loan relates. Something to do with
land and property and titles - can't remember what exactly. I did
query it and was politely told to shove off.
(posted 8473 days ago)
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