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Author Topic: Losing home in Rajaskaluve Demolition, have proper documents, bankruptcy claim?  (Read 74 times)

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Offline murthy

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I have brought a apartment , 1.5 years ago, in electronic city bangalore. The property costed me 60L and i paid 16L out of pocket and rest as a loan.The builder has shown me a document signed by tasildhar, stating the property is not occupying rajaskaluve. Now i have got a notice to evict the apartment and demolish it by 11/12/2016. We are planning to approach the courts regarding the same, but meanwhile if i lose my apartment, can i stop paying the loan and claim bankruptcy. I don't have any other assets apart from a car which is also under loan. I earn 2L per month (before taxes) would that be considered as a property, and would i be liable to pay the loan. please suggest.

Offline adv.amarnath

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  • Advocate Amarnath Sanyal from Kolkata, West Bengal
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Immediately prepare yourself to file consumer case against builder after serving notice. You have a good case. In respect of loan, there is alternative remedy and that can be stay from consumer forum also.

You can contact me for further clarification and consultation in details.
Regards,

Amarnath Sanyal
Advocate
Email - adv.amarnath.sanyal@gmail.com
Mob - 09830303322

 

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