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Lv 5
? asked in Business & FinanceCredit · 6 years ago

Question about outstanding personal loan & credit cards from bank?

First, keep in mind that I'm just asking this question outta curiosity & nothing to do with real life. I just want to know. I'm gonna face some interviews & someone said you could face such a questions that what would you do as the responsible officer.

Question is: What would happen if a person who borrowed a personal loan from a bank & has outstanding amount on multiple credit cards and he committed a suicide due to frustration? What would be the bank's action in such a scenario?

3 Answers

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  • Mamie
    5 years ago

    1

    Source(s): Low Rate Personal Loans : http://personalloans.ohfos.com/?aAq
  • Tavy
    Lv 7
    6 years ago

    You would never be asked this Q in an interview.

    Someone is making it up.

  • SumDude
    Lv 7
    6 years ago

    The bank would try to collect from the man's assets. If no assets, they just have to write it off. {WHY the reason for the suicide? ... suicide(period)

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