In a matured legal society, the trust is bound by contract

来源: miat42 于 2008-06-26 09:10:00 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (238 bytes)
回答: Let me explain to you more about real life financing 由 miat42 于 2008-06-26 08:17:07

No personal trust needed. It's busines purely. If the contract says that the debtor is in default and creditor is allowed to repossess the collateral, credit can go ahead to do so easily. This right is protected by State business law.

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• Ha.. you have never done business deal. :):) -山高月小- ♂ 给 山高月小 发送悄悄话 山高月小 的博客首页 (17 bytes) () 06/26/2008 postreply 09:34:04

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