Not able to pay the home loan emi
This query is : Resolved
12 August 2011
Dear All,
If I take a home loan and pay EMI regularly for 15 yrs (Period: 20yrs), but due some unknown circumstances would not be able to the rest of EMI.
Who would be the owner or whether I would be able to the sale the property?????
Or bank will sale the property and pay me the rest of money????
How the calculation would be done for not able to pay EMI????
If I take a home loan and pay EMI regularly for 15 yrs (Period: 20yrs), but due some unknown circumstances would not be able to the rest of EMI.
Who would be the owner or whether I would be able to the sale the property?????
Or bank will sale the property and pay me the rest of money????
How the calculation would be done for not able to pay EMI????
12 August 2011
get in touch with bank and clear your facts to them, with request to convert the balance of home loan to personal loan,
by this way EMI system will get dispensed with, and you would have option in hand to pay lump sum or delay the loan subject to interest charge
by this way EMI system will get dispensed with, and you would have option in hand to pay lump sum or delay the loan subject to interest charge
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- TDS Deducted AY-2013-14 Not Reflected in 26as
- NRI starting business in India
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- ADVANCE PAYMENT OF ADVOCATE
- DIN reactivation
- GST rate and HSN code for sale of racing horses
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
