Online Copyright Registration in India

Protect your creative work
Books, Songs, film, websites, Software, painting, fashion Design etc
Call now: 09891244487

Ask Our legal Experts, on issues related to Divorce

File Mutual Consent divorce right away

Call at ph no: 9650499965
Search On:Laws in IndiaLawyers Search

To Appeal before CIC - Central Information Commission
For Filing and Hearing contact: Choudhury's law Office
Ph no: 9873628941

Author Topic: Bank Loan defaulter by Dad and notices to Sons  (Read 331 times)

0 Members and 1 Guest are viewing this topic.

Offline praveen_legal

  • Newlaw
  • *
  • Posts: 1
  • Karma: +0/-0
  • Welcome to legal Service India - law forum for free legal Information
    • View Profile
Bank Loan defaulter by Dad and notices to Sons
« on: March 22, 2017, 10:19:15 PM »
Hi,

My father took loan on house in a co-operative bank in 2014. He did not paid amount. Today, Bank manager rang my mobile and explained current situation. I need to pay at least Rs 1Lakh by 25/3/2017, other notices will be released on each family number.

I asked my dad , to register entire house on my name and i will pay money. Is it possible at current situation. All original house documents are in bank custody.

I cannot believe him, either legally and illegally how many loans he generated. He is like a threat to us.

Please help me.

I am waiting for your reply.

Thanks & Regards,

Praveen

Offline harry4567in

  • Newlaw
  • *
  • Posts: 3
  • Karma: +0/-0
  • Welcome to legal Service India - law forum for free legal Information
    • View Profile
Re: Bank Loan defaulter by Dad and notices to Sons
« Reply #1 on: March 24, 2017, 12:32:27 PM »
Dear friend, bank will not handover any document till the loan is fully paid/closed so there is no question of transfer of property. My advice is to close the loan and settle your issues with your father later.

Offline adv.amarnath

  • Veteran at Law
  • *****
  • Posts: 1453
  • Karma: +58/-7
  • Advocate Amarnath Sanyal from Kolkata, West Bengal
    • View Profile
Re: Bank Loan defaulter by Dad and notices to Sons
« Reply #2 on: March 25, 2017, 11:06:38 AM »
First ask your father to Gift the mortgage property then make settlement with bank for loan. This is best option
Regards,

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

 

File a Consumer Complaint
Property verification
Call: 9873628941
 

Lawyers in India - Listed city wise Mumbai
Bangalore
Pune
Pondicherry
Jaipur
lawyers in London
lawyers in Birmingham
Chennai
Allahabad
Ahmedabad
Jodhpur
Indore
lawyers in Toronto
lawyers in Sydney

Cochin
Lucknow
Ranchi
Thane
Janjgir
lawyers in Milan
Johannesburg

Delhi - New Delhi
Chandigarh
Surat
Nashik
lawyers in New York
los Angeles
Kolkata
Hyderabad
Rajkot
Nagpur
lawyers in Dhaka
lawyers in Dubai

Copyright Registration

Ph no: 9891244487

For Mutual consent Divorce in Delhi - Ph no: 9650499965

Home | Bare Acts | Law Forms | Supreme Court Judgments | Legal Advice | Lawyers | Submit article | Sitemap | Contact Us

legal Service India.com is Copyrighted under the Registrar of Copyright Act ( Govt of India) 2000-2017
Get Free legal Advice here from top notch lawyers in India