DEFAULT HOUSING LOAN SETTLEMENT REGARDING DEFAULT HOUSING LOAN SETTLEMENT REGARDING

I need an idea and help on how to close default housing loan in an smooth approach

Kishan Dutt Kalaskar Retired Judge

Responded 2 years ago

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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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Anik

Responded 2 years ago

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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.
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Ayantika Mondal @ Prime Legal

Responded 2 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.
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Jayaditya Gupta

Responded 2 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.
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Keches Shilwante

Responded 2 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 2 years ago

A.Get referred to mediation or Lok Adalat for amicable settlement.
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Koslesh Kumar

Responded 2 years ago

A.Aproch to DRT Jaipur
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