Create Your Legal Document in Minutes! Get 10% off on your first order with code: LFI10

Non Performing Asset

Non Performing Asset

A nonperforming asset (NPA) refers to a classification for loans or advances that are in default or in arrears. A loan is in arrears when principal or interest payments are late or missed. A loan is in default when the lender considers the loan agreement to be broken and the debtor is unable to meet his obligations.

Showing all 8 results