Jamie was in a coma for 18 months as a result of a car accident. Five years before the accident, Jamie bought a house with 35 years loan tenure. His dad, John has to make the monthly payments to the bank during Jamie hospitalization. John have no longer afford to repay the loan installment, without the choice of selling Jamie’s house, John decided to let the bank auction of the same to fully satisfy the loan sum. Is this true?
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