DEFAULT HOUSING LOAN SETTLEMENT REGARDING
3 years ago
I need an idea and help on how to close default housing loan in an smooth approach
A.Dear Sir,
You have to approach the Bank otherwise you can settle the matter in Lok Adalath if any civil case filed.
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You have to approach the Bank otherwise you can settle the matter in Lok Adalath if any civil case filed.
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A.Hi,
If you wan to amicably settle this default then it is advisable that you contact the bank and convey them your intention of settling.
If you wan to amicably settle this default then it is advisable that you contact the bank and convey them your intention of settling.
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Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
If you wan to amicably settle this default then it is advisable that you contact the bank and convey them your intention of settling.
If you wan to amicably settle this default then it is advisable that you contact the bank and convey them your intention of settling.
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Jayaditya Gupta
Responded 3 years ago
A.For settlement of your housing loan you can do the following things:
1. Approach the branch manager through phone call, mail for settlement, as you are ready / want to settle the housing loan.
2. If there is no favourable response from the bank, then you can surrender the said flat as the same is mortgage with the bank.
3. Send a legal notice and go to Consumer Forum as there is no provision that you can go to DRT as only the Banks can go there for their Debts only.
If you find this favourable please free to approach.
1. Approach the branch manager through phone call, mail for settlement, as you are ready / want to settle the housing loan.
2. If there is no favourable response from the bank, then you can surrender the said flat as the same is mortgage with the bank.
3. Send a legal notice and go to Consumer Forum as there is no provision that you can go to DRT as only the Banks can go there for their Debts only.
If you find this favourable please free to approach.
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Keches Shilwante
Responded 3 years ago
A.Contact the Bank and tell them your are interested to close the said default home loan.
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Sidhaarth
Responded 3 years ago
A.Get referred to mediation or Lok Adalat for amicable settlement.
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