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Thepossessionspromisedinthesecuredbusinessloanocbcare readilyavailableforusebytheconsumer.Whenthelendingis notpaidinfull,thefinancingserviceproviderundertakesto reclaimtheproperty,formingcollateral.Inthissituation,the fundingcompanyneedstodemandpayment.Sincetheydonot haveadirectstakeinanypropertyoftheloaningbusiness,they willseeksupportfromthecourtsintherecoveryprocess. Additionally,theborrower'screditratingistarnishedbecauseof theseproceedings.


