DEFAULT HOUSING LOAN SETTLEMENT REGARDING 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

Kishan Dutt Kalaskar

Responded 3 years ago

View All Answers
A.Dear Sir,
You have to approach the Bank otherwise you can settle the matter in Lok Adalath if any civil case filed.

Rate me Five Star *
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 3 years ago

View All Answers
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.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

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.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

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.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Keches Shilwante

Responded 3 years ago

A.Contact the Bank and tell them your are interested to close the said default home loan.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Sidhaarth

Responded 3 years ago

A.Get referred to mediation or Lok Adalat for amicable settlement.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Koslesh Kumar

Responded 3 years ago

A.Aproch to DRT Jaipur
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconCompassionate appointment
Dear Client, The SBI rules can not be breached. it could be the policy of the bank to not hire anyone. Please check with the rules and guidelines for heiring employees
question iconEducation Loan OTS
Dear Client, Try to go to the online portal of the said bank and complaint about grievance through the same. it is advisable to repay the loan amount within the stipulated time or you may face seizur...
question iconSbi account put on stop by cyber security
Dear Sir/Madam, Under the following provisions the Hon’ble Magistrate Court having ample powers to unfreeze the Bank accounts. Further, the Hon’ble Court has vast powers to hand over the properties/v...
question iconMy bank account got freezed
Dear Client, Once a cybercrime scam or fraudulent transaction is reported online to the National Cyber Crime Reporting Portal(NCCRP), on the instruction of the Cyber Crime Cell, the investigating tea...
question iconBank loan harassment
Dear Client, In the given scenario, you can escalate your grievance with the Grievance Redressal Officer of the concerned Bank, and in case no suitable response is received from the GRO of the Bank yo...