special permit for the right to conduct insurance business
1. more info at ciesselegno.it
The non-payment of debt, late payments can be a substantial reason for the cancellation of the credit agreement. Because of problems with re-registration of mortgage, you will need to obtain the consent of the Bank, your Bank is unlikely to agree to repay such a large loan on your own risk, not having the right collateral. Actually the problem is only in that the borrower did not pay attention on such an important point or didn't understand it. The Bank approves his application, but includes in the credit agreement a lump sum payment for the issuance of money. Base this can be a violation of one of the parties to the contract.