₦airaland Forum

chuks552:
thank you so much,i will be very pleased to get the contact and to know you more,who knows,God might use you to save us i hope he will coperate with us because the two lawyers we have called have been bribed by the bank

turawafett:
@ OP my advice is don't sale the office yet, the bank is not a fool they must have made your Dad sign lots of documents that will make them win the case, besides time is not on your side, they more you drag with them the more the money keeps going up.

Trust lawyer to tell you, you have a good case, they are after the little they can get from you. You do not have a good case, you can only delay them, but that will not stop the money from going up. My advice most time banks properties are valued below their present market value because they normally sale them as distress sale.

Start marketing those properties your self so that in worst case two or three of the house sales will cover the loan. You still have your office and two houses @ least.

As it is its risky to sale the office to service the loan, expect if you are sure of the type of business you want to venture into.

The earlier the better, the loan keeps accumulation. Just that whoever you get to buy the property pays directly to the bank, and the loan is restructured since the bank is in possession of the original title document.

If you can get a single buyer to buy them fine.

Boss13:
No you cannot do that. You have to pay off all what you owe. Why don't you sell the office immediately, create the account with the money and try to arrange a meeting with the Bank. Start with that first. Forget about starting a business. The Bank will not want to hear that arrangement because it was the business that your dad initially thought of doing that got your guys into this mess.

How much is the money sef (Principal plus Interest)

brojero:
A friend of mine was in exactly your shoes, (dishonest lawyers, greedy bank managers, etc)

She was able to resolve by getting amcon involved.

Depending on the size and age of the debt, the bank may have already sold the debt as a bad debt to amcon, And the bank officials are still harassing you to see what they can get.

You need to find out because if amcon has bought the debt over from the bank you may be able to come to a reasonable agreement with them.

If you are interested I can get you the contact of the lawyer that resolved my friends case,

*Asset management corporation of Nigeria

nke001:
okay.

nke001:
I have heard of one Larry Ogwuego and his crew @nnewi, anambra state who always preach of human rights illumination. I dont have their contact.
You may contact this radio station that podcast his programme weekdays and politely request for his contact.

Address:128, Mike Ajegbo Road,
Obosi, Obosi, Idemili North,
Anambra, Nigeria.
Tel:07018960991, 08179920890
Email: info@odenigbofm.com.

I presume you stay in asaba?

God's Good help is all wish you and your kins.

lexylexy:
yes it is possible because loan default is a crime punishable under the law. that is why you need to negotiate,if the bank manager is proving stubborn then you can go to the head office and ask to see the chief credit manager or the head of credit origination,maybe he would listen to your plight and call the BM to order. they should be able to restructure the loan,that is possible.

nke001:
2nded.

Even human right org. should be contacted. I am sure they will be willing to take up the case.

azzima:
Please get a new and solid lawyer ASAP. They are doing shakara because you have no lawyer to at least protect your interest.

chuks552:
Islamist militant group Boko Haram has returned to Chibok Township in Borno state, the scene of its most celebrated notorious kidnapping of over 200 high school girls in April 2014

This time, the sect militants reportedly killed an unspecified number of villagers.

https://saharareporters.com/sites/default/files/styles/normal_medium/public/ChibokGirls1.png?itok=OAb8bfl3


The rest of the villagers had escaped through bush parts and headed to Damboa after Nigerian troops fled the village.

Residents who spoke to SaharaReporters said the sect militants had arrived last night and began shooting randomly before heading to the village center to announce it has taken it over as part of its Islamist caliphate.

Source http://saharareporters.com/2014/11/14/boko-haram-militants-retake-chibok-again

godofwar666:
go to the nearest lodge in your area you will see one