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Can I get my property back from bank after the bank sealed it
14-Feb-2023 (In Property Law)
Due to non-payment of house loan if the bank sealed the property, can the owner get the property back by paying all applicable dues to the bank. Also would like to know as home loan default will impact on by CIBIL. can it be corrected in case I payback the entire outstanding about to the bank?
Yes,
you can take back that property before auction by Bank.
Yes,
Your CIBIL score can be affected due to non payment of EMI.You can approach to the Bank urgently and pay dues and get back possession of property from Bank.
you can take back that property before auction by Bank.
Yes,
Your CIBIL score can be affected due to non payment of EMI.You can approach to the Bank urgently and pay dues and get back possession of property from Bank.
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Adv. Sandeep Shamrao Pingale
Mumbai | 400+ Answers
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