
WHO PROTECTS THE BORROWER AND MORTGAGOR? (PRESTIGIOUS LAW FIRM IN BINH THANH DISTRICT, TAN BINH DISTRICT, HO CHI MINH CITY)
1. Are borrowers and mortgagors often the weak parties? Regarding legal status, in credit relationships and secured transactions, it is clear that the borrower and the guarantor are never the advantageous party. In a legal sharing article, HT Legal VN Law Firm shared the content: “Why do borrowers and mortgagors need protection lawyers? Https://htlegalvn.com/index.php/tai-sao-ben-vay-va-ben-the-chap-can-luat-su-bao-ve-348.html Accordingly, we have affirmed that the bank is the “big man” who creates the playing field and the rules of the game (on the basis of law) regarding: – Loan conditions, loan documents, asset valuation and mortgage. – Records/documents must follow the Banks’ standard forms, strictly non-negotiable – The bank regulates interest rates, ... Xem thêm