Co-borrower refuse to pay the House loan EMI
Co-borrower refuse to pay the House loan EMI
Respected sir/Madam My self and My Father are co-borrower of the loan for construction of house, from past 5 years i am paying the loan EMI , when i asked him to shere the EMI he replied like you are
5 years ago
A. Dear Sir,
Nothing happen. He have full right over entire property if he does not chose to pay. The similar case is as follows.
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Joint Ownership of Property
Differentiating co-owners and co-borrowers
Joint-owners or co-owners are those people who have a share in the said property. More than one person can be the owner of a property. Joint property owners most of the times are spouse or it cou ...ReadMore
Mohd Imran
Online transfer
I have a friend staying in US I have transferred the money 2 lakh to his friend account who is staying in andra.Now my friend staying in US not responding to me how do I get the money back Problem i
5 years ago
A. 1. Online transfer receipt is more than enough to file a case.
2. Issue legal notice through embassy.
3. If money is not paid even after legal notice issued then file police complaint. On the complaint include the transaction details.
4. IO can block the account and release the money to you ( with the orders from the court ).
5. You may approach me for further details.
niranjan C
Retrievel of gold from loan
Account holder unfortunately dead....that person account ( name ) some jewel loan taken by him.. Now how to retrieve the gold form loan by his wife and children....
5 years ago
A. Issue a legal notice
Ashish K Dongre
FILING A WRIT AGAINST THE BANK'S DECISION OF DISMISSAL AN EMPLOYEE
Sir Can a writ be filed in delhi high court during the month of june (holiday month)?? Please reply
5 years ago
A. sure, you can file,
Suneel Moudgil
is submission of aadhaar in bank is mandatory.
I have deposits in a bank and opened overdraft account and do transactions in it. Recently I received a message from the bank asking me to submit AADHAAR failing which they will freeze my account. Aft
5 years ago
A. It is not yet settled but for security purpose it may refuse.
Education loan
I have borrowed education loan. i have repaid 3/4 of the amount. I have 1/4 remaining. But they have mentioned a heavy amount as interest. I am not in a position to repay interest.bank has sent me a n
5 years ago
A. Hello there,
As you have already paid 3/4th part of your education loan, which shows that your intention is not malafied. So you don't have to worry about it. File a reply to that notice through a Lawyer.
Neeraj Kumar
Education loan unpaid and Lok adalat
I bought education loan in 2008 as 118000 I didn't pay small amount to bank till now because of lack of salary and job and also kidney stone problem my health and also poor farmer family. Indian over
5 years ago
A. While taking the loan surety & collateral asset & property is pledged to the Bank .The bank can enforce the education loan through the competent agency.Better to consult a Lawyer from panel of Vidhikarya to guide & help you quickly on all aspects of repayment.
Ambrose Leo
Nirmal Chopra
Original property documents lost by the bank
I have taken a housing loan from IDBI Bank. The loan was taken over by other PSU Bank (UBI). But even after three months of takeover the loan documents are not released by IDBI to UBI. Now, I have be
5 years ago
A. It can be a gruesome situation if not followed in time bound manner. Police action is surely required, approaching State / National Consumer Commission is another way too. Coming in touch with us could help too. Regards
ARPIT BATRA
Regarding help on penalty amount payment for overdue EMI on PL
Hi, I have taken a PL from a NBFC couple of years back. The EMI for the PL are getting paid and no due in EMI are pending ao far. Although due to some manual transaction for the EMI the NBFC have ch
5 years ago
A. What is the terms & conditions of PL and what is the EMI amount.Better to take up the issue with a banking & finance specialist lawyer to settle the issue quickly.
Ambrose Leo
Harassment by credit card recovery People
I am currently not able to pay even minimum amount due for my credit cards and as result recovery people are visiting my home and forcing my wife to call me from her phone and make them to speak to me
5 years ago
A. Not allowed. File Criminal complaint. It is not thing but recovery through muslemen which is banned by Supreme Court.
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ICCI Bank Limited vs. Prakash Kaur case,
The Supreme Court in a landmark judgement reiterated its earlier stand that banks cannot deploy musclemen for recovery of loans from defaulters thus forcing them to end their lives.
"We deem it appropriate to remind the banks and o ...ReadMore
Nirmal Chopra
Nilanjan Chatterjee
