Legal Question in Real Estate Law in India

I have sold my flat in siliguri on 2009. All the original deed papers of my flat are given to the purchasers. But I have a home loan from lichfl. Today I lost my job and incapable to pay back . LICHFL donot have any original flat document. My principal amt left is rs 1.10 lakh only.

What should I do now.


Asked on 4/17/14, 10:06 pm

2 Answers from Attorneys

please repay the loan amount. they can file a suit for recovery against you. why get into unnecessary litigation.

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Answered on 4/18/14, 12:13 am
Fca Prashant Chavan Expert Edge LLP

20.04.2014

Dear Sir / Madam,

You will have to somehow repay and settle the outstanding balance to avoid any further complications in future.

Regards,

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Answered on 4/20/14, 4:18 am


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