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Chat@3: Risks of being a loan guarantor


Total 8 messages Pages | 1
nikitha sarathy
gurantor cheque
by nikitha sarathy on Jun 14, 2018 02:47 PM

when do we execute the gurantor cheque

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Navin
Regarding Gurantee for housing loan
by Navin on Jun 11, 2018 04:49 PM

I am Mr B Navin given a guartee for my relative housing loan in 2007, but amount is some what 105000/- Now he is failing to pay emi on right time. Last month the acoount was about to go to NPA then the bank manager instructed to deduct three month emi from my Bussiness account. I contacted the loan relative but no response. Can i withdrawl gurantee for that loan and say take illegal action that hosuing loan which value is more then his loan amount. Pls reply..Thnx

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Navin
Regarding Gurantee for housing loan
by Navin on Jun 11, 2018 04:49 PM

I am Mr B Navin given a guartee for my relative housing loan in 2007, but amount is some what 105000/- Now he is failing to pay emi on right time. Last month the acoount was about to go to NPA then the bank manager instructed to deduct three month emi from my Bussiness account. I contacted the loan relative but no response. Can i withdrawl gurantee for that loan and say take illegal action that hosuing loan which value is more then his loan amount. Pls reply..Thnx

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Roshin
Risk of guaranter in a chit fund
by Roshin on Jan 09, 2016 01:08 PM

Sir I am from Kerala I stand as a guarentor for my friend in gokulam chit fund .but now my friend is not repaying the amount the chit company harassing me and told me that they will make a legal action against my check .pls help what I do.

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Roshin
Risk of guaranter in a chit fund
by Roshin on Jan 09, 2016 01:07 PM

Sir I am from Kerala I stand as a guarentor for my friend in gokulam chit fund .but now my friend is not repaying the amount the chit company harassing me and told me that they will make a legal action against my check .pls help what I do.

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