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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Eway bill for machinery reparing
- Building and other construction workers welfare cess act 1996
- Gift of mutual fund units to daughter
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
