Quote:
Originally Posted by draven78eric
if go to Court, most likely will rule to the owner. They will still give benefit of doubts to their own Thai people.
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no no, this is a legel process which need to process at tee din to change ownership of the land and sign contract for the loan. of cause loaner name has to be thai
actually my friend who does this a lot told me borrower actually more scare than the loaner. cause loaner want to eat the land instead of only earn interest. so on the last payment instatement they disappear so that borrower cannot pay n try to eat the land as if borrower did not repay. if this happen, borrower should go to the police station n take photo together with the money n poilce as evidence that go sue in court if loaner refuse to change land name back. but i think this should be very rare cause if any loaner does this. future who dare to go to him for loan anymore