Home Loan Non-Payment issue: My name is Karthi Kumar and I work in the film industry. For the last seven years I bought a house for Rs 60 lakh in 4 cents at Navati in Hosur, Krishnagiri district. For that, I have obtained a home loan of Rs. 40 lakhs from Repco Bank. I am paying 47 thousand one hundred rupees per month in installments.My mother's health has deteriorated so much over the last two years. I have spent more than ten lakhs on her treatment costs. So I have been unable to repay the installments I have to pay for the Home Loan. Because of this, I have not been able to pay the correct installment for the last year, and also corona had given a great loss on the film side.
Ask your legal doubt of Home Loan Non Payment issue | Top Lawyers in Chennai | Leading Law Firms | Best Legal Services 24x7 | Get the best advice and Consultation. Top Attorneys in Chennai, best Law firms in India | Best 3 Ranking Civil Advocates in ChennaiI have not lived in that house for more than a year. Now due to my mother's treatment and Corona Lockdown, I need a little bit of time also to clear my balance Home Loan due. There is a notice on the wall of the house that the installment has not been paid.If I have two more months I will repay my debts by payin
g the full amount due. The bank employees are threatening to auction the house if I do not pay the full amount of the Home Loan within 5 days. And also they are threatening that they will take out all my belongings from the house. So please consider my difficult situation and provide an option to take a stay for three months more. Meanwhile, I will clear all the balance dues and solve the Home Loan Non Payment issue.
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
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