No default notice received

 

 

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default notice is designed to meet the statutory requirements of Section 88 of the National. Credit Code. The Letter of Demand must not be confused with a A notice of default is a public notice filed with a court stating that a mortgage borrower is in default on a loan.Default notice received · the debtor has defaulted (i.e. is behind in payments); · the credit provider has given or posted a default notice to the last known An account defaults when you break the terms of the credit agreement. Your creditor decides there's no chance you can get back on track, and cancels your It's vital to act on a default notice and not ignore the situation. Receiving a default notice is serious and can result in your creditor passing on your

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