Risks of the unpaid loans
 The mortgage unpaid loans and of consumption there are obligations that can be analyzed before the law to pay honestly avoiding to fall down in the broken banking. Generally when the persons are very assiduous to ask for loans and after motives extract credits for any, be personal, mortgage or of consumption, they do usually accumulate bigger and bigger debts, since they always choose to extract a credit to pay the debt of one previous loan, and to pay the credit one asks that we give other, and this way successively until the person not only is got into debt up to the neck, but also it is exhibited to many problems of nature faninacieros, economic and legal.
For these reasons we always insist that when the acquisition of a loan should be planned, there should be planned correctly the way in which the same one is going to be returned. Regrettably many people do not bear in mind this and at present they dedicate his routine to the solution of the financial problems of debts.
As well we know, before the request of any loan or credit, it is always necessary to offer a guarantee, so that the company lender is endorsed in case for any reason the holder of the request could not keep on paying, for what the debt will always fall down on this guarantee. In case some friend or relative officiates as guarantee, he will be the person in charge of taking charge of the unpaid loans to which it endorsed. In case the holder could not keep on paying because it has lost his employment or has suffered an accident, then it is always necessary to arrange a form of payment with the person who went out of guarantor, since if odd number we can to return the money because the loan is governed by a term, then it is possible to create some planning of financing of the payment but for the guarantor of our loan. On the other hand, if we offer a property as guarantee of the credit or loan, we must bear in mind that this property will go to auction, since this is the legal way in which lenders drive the entities opposite to the unpaid loans. Since we see, the risks to which we surrender at the time of requesting a loan are quite important, for it we want to emphasize in that is good to reflect about the request.
Judicial process for the unpaid loans in cash
On the other hand, if the payment of the sanction corresponding to the unpaid loans is in cash, a way of coming undone of this responsibility one is declaring in broken banking or in failure, but it is necessary that for this it is necessary to fulfill some requisites that endorse this status. In this aspect the regulation that governs the banking rotates establishes that in some judicial process related to unpaid loans, one assembles all the creedores of the person in judgment so that they analyze and realize a report on his condition financial and like that to be able to state that his declaration is honest. According to many specialists, if there do not exist many judicial resources that intervene in this process, the situation of the debt can be solved in approximately five or six months. Anyway the judicial process can be opened by two masks: that of voluntary contest that it indicates that all the arguments are presented by the debtor, and the necessary contest, where it is presented by the creditor.
Once the judged participant has declared the opening of the judgment for unpaid loans it usually designate the corresponding administration that will be the manager of carrying out the above mentioned judicial procedure. Also it is necessary to realize an analysis on the hereditary situation of the debit person, where the report contains the information corresponding to the lists of creditors, the inventory, the qualification of the credits, and the analysis of the economic circumstance in which of encuentra the person in judgment for the unpaid loans. 
Although we can say that the possibilities that there offers this regulation of declaration of broken banking sound quite wide and favorable. The professionals' quantity of that they take control in this judicial process on unpaid loans, together with the costs of court and those of more elements that make a detour to a judgment, it represents a major expense of the debt for which they are judging us. In many cases where these judgments are carried out, the persons enjuiciadas must appeal friends to confront all the expenses of the procedure. So that we have an idea of what this expense represents, more or less the minimum needed in a judgment by unpaid loans is of about 2.000 dollars, and the problem precisely centers that although it is in a situation of broken banking, the income of a professional can be much higher binding to appeal the judicial advisers that the state provides to us. In the last semester of 2007 lenders have carried out a whole of 200.000 judgments for unpaid loans in Latin America what represents a big ignorance of the laws and the requisites on the part of the persons who request the loans. |
