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Withhold Info On Deceased Customer's Loans?

Question: 
Can an employee withhold information on a dead customers loans from the court appointed executor?
Answer: 

from Randy: I would not suggest that you do and why would you want too?

Answer: 

from Andy: Death is a common default clause. You have a loan in default. There is no reason the bank would want to make this situation worse when the person empowered to act for your borrower's estate, to pay taxes, insurance and your payments needs information to manage the estate and ultimately get the bank what it wants, a return on and of the money. One of the first requirements this person has is to repay debts. They need information for that.

First published on 05/26/2014

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