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Rohit Singh   06 January 2021

how can i remove or withdrawn guarantee in home loan

Around one year ago my wife had applied for home loan which was taken by herself from her own bank in which she is employed, type of loan was staff loan in which i had given guarantee for that loan. She was only the borrower and sole owner that house. Now i want to withdraw as loan guaranter because we have taken divorce and our relationship is now over by the order of court.


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 2 Replies

Pradipta Nath (Advocate)     06 January 2021

Send notice to the bank and your ex of your intention and it's effective date.

Isaac Gabriel (Advocate)     06 January 2021

Just hand over the copy of divorce order by leaving lettetthattha guarantee givev stans lapsefrom the date of divorce.


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