Credit card dues paid by settlement and NOC not given,


I have cleared my due by settlement of credit card bills and before settlement i was told that i will get NOC letter from bank, but after settlement they refuse to provide me . I have home loan in same bank, is they will refuse to give back my land paper and will auction my land for rest amount.Kindly suggest me, am very depress .
 
Reply   
 
FIN

Wriet to Code Compliance Officer, MD of the Bank  and to Governor RBI.............

Attach copy of Settlement letter and receipt of payments made by you. 

 
Reply   
 



They say in settlement you dont get NOC. Kindly tell me after tenure of home lone , will they will attach my land for rest money of credit card which is settled now.
 
Reply   
 
FIN

If you have the offer of settlement in writing and have paid and have payment reciept then it should suffice.

Having made the offer of settlement and accepted payment as per settlement the lender/bank should not harass.

 

 
Reply   
 
FIN

Settlement is adverse entry and may still reflect in CIBIL............

The lender may decline Home Loan..........or may agree per IT's discretion.

 
Reply   
 

LEAVE A REPLY


    

Your are not logged in . Please login to post replies

Click here to Login / Register  



 

Search Forum:








×

  LAWyersclubindia Menu

web analytics