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Nairaland Forum / Nairaland / General / Business / I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? (66297 Views)
Please I Need A Loan Of 500k.i'll Drop My Personal House Document As Collateral / UPDATE ON I Released My House Document To My Cousin To Obtain Loan. / How To Obtain Loan Online In Nigeria With Alat App (2) (3) (4)
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Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by SouthSouth1914: 2:42pm On Jan 23, 2020 |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by moscobabs(m): 2:42pm On Jan 23, 2020 |
H |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by lapo(m): 2:42pm On Jan 23, 2020 |
Ore niwon |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by grandstar(m): 2:42pm On Jan 23, 2020 |
wwwkaycom You have already guaranteed the loan with your document. There's no way out except you pay up the loan. Your cousin scammed you 20 Likes |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Obiaksnews: 2:42pm On Jan 23, 2020 |
At this point i think you need to get a lawyer involved, look for a way to make him sign papers that would make him give up the business ownership to you or the bank if he fails to pay back, be fast about it. 38 Likes |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by stagger: 2:42pm On Jan 23, 2020 |
wwwkaycom: Women have a lot of intuition. You need to listen more to your wife. You are about to lose your house. You better take very tough but necessary actions with your cousin. Get a lawyer and take over his business by force, if you have to. DO it at gunpoint, if you have to. I once gave a loan to my first cousin. This is 2 years and he has not paid and stopped taking my calls. Relations are the most heartless people ever. You can help them from a distance, but never commit yourself into a loan arrangement or anything of the sort. 59 Likes 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by dominique(f): 2:42pm On Jan 23, 2020 |
Big mistake! You don't know Nigerians are the worst sets of debtors in the world. Sorry but you're about to lose your property. It's only if your cousin has conscience that he would repay the loan so you don't lose the property 21 Likes 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by KrystosCJ(m): 2:43pm On Jan 23, 2020 |
wwwkaycom: The OP is truly confused and extraordinarily inept. I really clap for the person who formulates all these Zee World stories. Honestly, who would be so dumb as to release his home documents to a cousin, not even an immediate family member, for him or her to borrow loan? It seems the author of this piece is still dwelling in his dumbness of past years and will never recover. Maybe he thinks these kinds of stories are relevant. 30 Likes 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by SmartMen: 2:43pm On Jan 23, 2020 |
wwwkaycom: Huge MISTAKE... NIgerians and money never mix. I repeat never mix. I will not even try such for my own blood brother... i can only give what I can lose. Start preparing to say bye bye to your house in advance. 10 Likes |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by TOPCRUISE(m): 2:43pm On Jan 23, 2020 |
You did not shoot yourself in the leg , you stepped on a land mine. Say bye bye to your house 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Nobody: 2:43pm On Jan 23, 2020 |
Bro, look for a lawyer speedily to counsel you! You re in serious issue already! 3 Likes |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by asatemple(f): 2:43pm On Jan 23, 2020 |
You are scammed. The way people pay back good deeds surprise me 3 Likes |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Oodis(m): 2:44pm On Jan 23, 2020 |
Ure in some really nasty shit.... Hope he pays back sha... But from his records, maybe in 10years time. 1 Like 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by adonainana: 2:44pm On Jan 23, 2020 |
The only prayer you need to be praying right now is that he should not have defaulted on the loan Ask him for his bank accounts loan statements so you can be able to see if he has defaulted on the loan on not For now you wont be able to get your legal documents back as the house documents the bank would use as collateral with regards to the loan disbursed to your cousin or whoever Also go through the papers you signed carefully again, hopefully they may not have used you to execute a mortgage by legal charge This is a possibility because in Nigeria everything is possible by everyone. The bank would not release your documents until the loan has been completely satisfied. So tbh you need to be worried about if your cousin is paying back his loan with the bank There is no other way round Samuel Eluyefa ( Barrister of the Supreme Court of Nigeria ) 2 Likes |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Baamm(m): 2:44pm On Jan 23, 2020 |
From what I read now. It obvious u re the principal Guarantor and the bank officials already valued ur asset which you signed. Just pray this bro pays back because the back has all legal right to liquidate ur asset. 7 Likes |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Ramanto(m): 2:44pm On Jan 23, 2020 |
I think the agreement is best dissolved before the expiration of the term. Try and get a lawyer and disengage yourself from the contract. Since your cousin is still alive, they should do whatever they want to him 7 Likes 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by maziokafor1(m): 2:44pm On Jan 23, 2020 |
There's no way out of this brother. People leave the atm machine when it stops dispensing. You are relevant as long as you are useful... He doesn't need you any more. I pray God you sha 15 Likes 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by kentzz(f): 2:45pm On Jan 23, 2020 |
This is a very big issue. Don't you think you should report the case,I know now so many blames will be on you even though you did it out of trust and brotherhood. I truly am short of words but that cousin of yours is wikked...... Just pray and maybe talk to matured family members that can Interfere please. So sorry man�� 4 Likes 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by awoo47: 2:45pm On Jan 23, 2020 |
Born2Breed:loopholes bank lawyers that drafting collateral na thier life work u can't see any hole 32 Likes 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Goldenurch(m): 2:45pm On Jan 23, 2020 |
Loans are very dicey and one must be really careful.. To avoid all this mess get loans up to N5m at zero percent interest without collateral.. Check signature to ask me how |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by marztar(m): 2:45pm On Jan 23, 2020 |
Too late to quit... You better escalate everything now with family and bank. 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Brightgem(f): 2:46pm On Jan 23, 2020 |
Sounds weird. But the weirdest things still happen. The danger here is that it's the house you are living in. That's terrible shd you lose it 4 Likes |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by TOPCRUISE(m): 2:46pm On Jan 23, 2020 |
Jiayu:Chop and go lawyer |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Holamilekan97(m): 2:46pm On Jan 23, 2020 |
I feel so sorry for you sir. You need to get a good lawyer. 1 Like 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Nobody: 2:47pm On Jan 23, 2020 |
wwwkaycom: what a fool!! how can you give bank documents for your house to take a loan for a 3rd party? 10 Likes 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Nobody: 2:47pm On Jan 23, 2020 |
Too bad |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Emk5556: 2:47pm On Jan 23, 2020 |
I have a friend who had two super markets until he invited his family over and now he is selling akpu in the market. There's a friend closer than a brother. Learn to stop doing things out of sentiments. I've never seen who profited from it. I hope you don't loose you house if you haven't lost it. 22 Likes 2 Shares |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by adisabarber(m): 2:47pm On Jan 23, 2020 |
I don't even know what to think talkless of say |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by somehow: 2:47pm On Jan 23, 2020 |
wwwkaycom: chai but a house as collateral for 3million naira loan? 7 Likes 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by crafteck(m): 2:48pm On Jan 23, 2020 |
People on this forum don't want to tell you the plain truth, I don't know why they are beating around the Bush, with all due respect sir, you are very stupid. 57 Likes 5 Shares |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by symbianDON(m): 2:48pm On Jan 23, 2020 |
haaaaa! op! you one don use your own hand by yourself enter one chance!! las las e be like say you don dash bank your bunk be that o! make God de save us from village people relatives o!! 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by dljbd1(m): 2:48pm On Jan 23, 2020 |
You have been used bro....next time even na your blood twin brother you won't try this! 1 Like |
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