prabhakar singh's Expert Profile

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kumar says : education loan defaulty
Dear sir/madam, I've taken education loan 3.8lakhs on Nov 2008 from INDIAN BANK. I did my B.E aeronautical engineering (2008-2012) but still i dint get any good job. I am working in a BPO industry for 12k salary. I don't have any family support because my father passed away when i was 12year kid. Now i am the one who is taking care of my family. So i am unable to pay my education loan even after completing my graduation. Recently i got a notice from INDIAN BANK that i should appear in court. On behalf of me my mother appeared in court and judge said to pay the education loan with in 6months. I don't have any source to pay the education loan of 3.8l within 6months and before getting any good job, Sir. Wat punishment i will get if i don't pay my education loan. I don't have any idea about wat action The bank and the court will take against me if i cant pay my education loan, Sir. Please give me ur valuable advice, Sir Thanks, Kumar

Member (Account Deleted) says :
Hi, One of my friend (Guarantor) had given guarantee for CC loan of someone (Mr. A) against mortgage of Business property from Co-operative society. Guarantor is salary earner. Property is 80% of loan amount. Now Mr. A is unable to replay that CC loan and property so mortgaged is insufficient to repay the laon & Mr. A has no other asset to pay full amount of loan. My questions are below : 1- What assets of guarantors will be affected during the case, movable, immovable, salary, bank balances, cash? 2- Will bank be ready to settle the case at 80-90% recovery? (I dont know if banks do so) Thank for reply. Regards, Rita

MAAJIS says : RIGHTS OF THE COOPRATIVE REGISTER
Do any of the cooperative register head in charge have the decision or power's alone to set up a joint memo in the court for the civil suit settlement when there are no elected members or director's for almost 6 months being almost defunct Do they need any future approval of the least members in case pls lighten us Few words would be thank with prayers

Manojkumar Tiwari says : I want to buy flat
Hello Sir, I want to buy one flat in Dombivli it is very near to station which comes under KDMC. I have seen on the KDMC portal that society pays all taxes and water bills. I have on concern that the buyer is saying that you can get loan from CO-Operative banks only and not from Nationlized Banks, he is saying that property is in step of convincing with the muncipal corporation since it is a Old building of 1991 and it will take one year to do. The buyer has said me that he have the paper but not registered for first agreement and he is the second owner of the hosue and he have a registered agreement between him and the first buyer but as i said there is no registered agreement between builder and first buyer, he have a hand made agreeement. 1)Builder to first buyer>>>only paper agreement not registered. 2) First to second buyer>> have a original registered agreeement with OC 3)second(current) to me>>>i am going to Buy? please help whether to buy or not Thanks and Regards, Manojkumar

Akshat Singh says : Rate of Defence Colony, Bangalore
Hello Sir, My question is that what is the governing govt. rate of Defence Colony, Bangalore?

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