CIBIL score is getting affected due to promotor abscond. Please help
14-Feb-2023 (In Cheque Bounce Law)
I have taken a HOME LOAN from state bank of Travancore . . Actually I am ready to pay the EMI's but what will be the use for me? Because close to 130 houses have to be constructed by the promoter, but before construction of the houses itself the promoter ran away by looting the money from us. It is affecting my credit score badly, because of this I am not able to get any loan also ..Now he is searched by the police. We all filed a case against the Promoter. Hereby I have attached the FIR copy for your reference. If you ask me to pay the EMI's means then what is the use for me after completing the EMI's? Please help me how to get rid of this issue?
Dear Sir,
Approach Higher officers in the Bank and settle the issue by paying one time settlement otherwise they may take shelter under the provisions of law and file a case before Debt Recovery Tribunal and you will under trouble. Try to solve the problem with the bank as you are cheated by the builder.
Approach Higher officers in the Bank and settle the issue by paying one time settlement otherwise they may take shelter under the provisions of law and file a case before Debt Recovery Tribunal and you will under trouble. Try to solve the problem with the bank as you are cheated by the builder.
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