Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,166,094 members, 7,863,830 topics. Date: Tuesday, 18 June 2024 at 07:20 AM |
Nairaland Forum / Nairaland / General / Business / I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? (65703 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)
(1) (2) (3) ... (11) (12) (13) (14) (15) (Reply) (Go Down)
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Yankee101: 10:28pm On Jan 23, 2020 |
midnighter: The bible covers ALL of life issues 2 Likes 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by sammhi(m): 10:46pm On Jan 23, 2020 |
Try and get a lawyer so you can terminate the agreement... |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Kubernetes: 10:54pm On Jan 23, 2020 |
Does the house had C of O? Where the docs perfected n legal mortgage done? If yes,your chances are slim otherwise you could still smile if it's equitable mortgage |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by LadyHeaven(f): 11:09pm On Jan 23, 2020 |
wwwkaycom: I feel very very bad for you because there is a 90% chance that dude will eff you up, a leopard never changes colour, he has done it b4 he would do it again, when it happens the trust between you and your wife would be broken and she would always remind you that she told you so but you ignored her advice and discarded it as trash...I really pray yours turns out different. 3 Likes 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by GboyegaD(m): 11:11pm On Jan 23, 2020 |
wwwkaycom: Should he fail to start repaying, approach the bank to refinance and pay what you can afford monthly. That way, you don't lose your house but for your money, it is likely a sorry case. 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Nobody: 11:13pm On Jan 23, 2020 |
start building a new house bruh cos dat fucking cousing of urs wont pay a DIMEļ¼ Youve shor urself on d head..... Trust nobody real nigga re scarce. if u went broke he would even,be,among d people dat will mock u. |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by LIMELIGHTCRAZY: 11:16pm On Jan 23, 2020 |
No worry Amotekun don enter 2 secs everywhere burst |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by LadyHeaven(f): 11:18pm On Jan 23, 2020 |
vickydevoka: You would be surprised...we are not talking of doing business BUT helping with huge capitals running in millions...we only pray to God for foresight. 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by LadyHeaven(f): 11:22pm On Jan 23, 2020 |
Oluchia: Babe you won't understand, its better he chops the insult now so his eyes would clear, who knows if the cousin even jazzed him? Nobody in their right senses gives out their ONLY surety to fund another persons dream without doing due investigation, that's not having a good heart its stupidity, moreover he didn't listen to the words of his wife probably as the man of the house he can do whatever he pleases, for his wife and children's sake I pray and hope that his cousin doesn't burn him. 3 Likes 1 Share |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by sulaak(m): 11:40pm On Jan 23, 2020 |
Born2Breed: The only loophole is the man that allowed his house to be used as a guarantee for a loan. If I was lender I will immediately contact the bank that issued the loan and arrange a repayment plan. I 'm beginning to worry about the sanity of Nigerian. 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by chukzyfcbb: 12:38am On Jan 24, 2020 |
The problem with us men is that you think your wife is dull. The same woman who took out time to consider you amongst her list of chykers, weighed the prons and cons and agreed to your proposal to be your wife. If she can make the life decision of spending her life with you, why do you doubt her other decision making. You my friend is in trouble, you have your marriage and 3million to battle as I see it. 2 Likes |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by midnighter(f): 1:16am On Jan 24, 2020 |
Yankee101: Amen |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by xreal: 1:45am On Jan 24, 2020 |
Majority say "you enter one chance". I wonder why they say so. I will say the "one chance" you entered is full optioned with mortuary chilling AC end even factory tinted, dem tint the windscreen join. Obviously the loan from bank has been used to throw the parties. It's worse because his wife who should be reminding him of how the money was borrowed is in "same league" with him, and probably his coach. My advice: 1) Don't involve Nigerian police in an attempt to make him pay; they will milk you drier. 2) Start to scout for an apartment to rent/move into 'cos the language banks understand is "money". When time reach, you go know say bank get department full of "agbero" and lawyers. You no go see dem dress cooperate again. Anyway, I hope and pray that your cousin pays back - that which I doubt. pardon me if my comment sound like mockery, I am not, it's to prepare your mind for what I see coming. 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Nobody: 2:00am On Jan 24, 2020 |
wwwkaycom: So his wife that was sacked from bank does not have any savings ? Maybe you are not in business. Agrochemicals is not a business that requires huge capital. The money he borrowed from the bank, using your house documents was not meant for that business. It's like going to market with N100k when the items on your purchase list is N10k. Never you part with house documents unless you are outrightly selling your house. One man with a bankrupt business went to bank and borrowed personal funds from banker friends only to go buy a car, revived his lifestyle and refused paying. The Nigerian business sector is not really profitable, it was a ploy to deceive you to part with your documents. If his biz is really profitable and his capital is N100k, he should be able to earn N5,000 daily. 2 Likes |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Lagbaja425(m): 3:21am On Jan 24, 2020 |
Hate to break it to you man but try to repay the money yourself so you don't lose your home and your wife. Your cousin isn't paying you back. Money loaned to family members is essentially a gift. Why? Because they know at the end of the day, there is very little you can do to enforce repayment. I learnt the hard way after helping family members out with almost N2M in various desperate situations. Regardless of my strategies and pleas, I haven't received a dime back till this day. To relieve my own stress, I try to not even think about it anymore. What I do know is NEVER EVER AGAIN am I helping any family member out with anything but small change that I can afford to part with. No matter how long you've known them or how "upright" you think they are, money is a whole different ball game. A loan to a family member reveals the debtor's true character. I rest my case. 3 Likes |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by ussy09(m): 3:36am On Jan 24, 2020 |
Mr man the earlier u start looking for the money the better for u. 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by emmanuelewumi(m): 5:01am On Jan 24, 2020 |
dancok: It is true, I have a feeling his cousin told him how profitable the agrochemical business is. He might tell him how he would turn the N3 million loan to N6 million and he would pay the guy who pledged his house as collateral N1 million out of the profit of the venture His cousin worked on his greed and the man is now the loser. I am sorry to say most of the people scammed are not cautious and also greedy. 2 Likes |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by david22uu(m): 6:02am On Jan 24, 2020 |
wwwkaycom: look for 3 million or 4 million, go and pay and collect your house 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by david22uu(m): 6:03am On Jan 24, 2020 |
Lagbaja425: you have just hit the nail on the head with a big sledge hammer 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by flyingdutchman(m): 6:44am On Jan 24, 2020 |
The book of Proverbs in the Bible would have helped you to avoid all of these issues. Take heart. You might want to consult a lawyer over this ASAP! wwwkaycom: 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by ibechris(m): 6:45am On Jan 24, 2020 |
wwwkaycom: As an ex banker,I can only tell u that u have entered the wrong side of business. U should have done ur due diligence on him earlier and as it is, u can't come out from this except u find a way to pay off this liability,otherwise ur house might be confiscated by the Bank in order to recover their money. Note this: At the time of recovery,the bank may sell off ur house below the cost price also known as the "forced sale value" this is to avoid taken time to liquidate the property. That is,to sell the property quickly. This is one thing I hate about Nigerians,they can never keep to their promise. I'm deeply sorry for what u are passing thru now. 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Goldenurch(m): 6:55am On Jan 24, 2020 |
Greenbullet: Yeah bro..it's called Islamic banking |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by JVector: 7:13am On Jan 24, 2020 |
Start talking to a GOOD LAWYER bro. |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Damoche10: 7:19am On Jan 24, 2020 |
The doc you signed is 100% binding!!...Nothing u can do but to pay up the loan to retrieve the document. You must be smoking weed to have allowed that happen. 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by LyfeJennings(m): 8:01am On Jan 24, 2020 |
OP U ARE VERY STEWPID HOW WILL U TRUST ANYONE TO THAT LEVEL |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by stanok: 8:02am On Jan 24, 2020 |
YOU ARE A BIG FOOL |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Osasere124(m): 8:03am On Jan 24, 2020 |
wwwkaycom: Look find a way to pay the loan yourself Then u can fight I know what it feels like to build a house for almost a decade 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Adam00(m): 8:13am On Jan 24, 2020 |
Op get ready to go to war with you cousin!! 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by DavidEsq(m): 8:41am On Jan 24, 2020 |
wwwkaycom:Did u consult a lawyer when u were going into this transaction with him and the bank? Is the loan agreement a tripartite one? The documents u signed should be the starting point of knowing what to do. 1 Like |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by Ukodo1123: 8:57am On Jan 24, 2020 |
Falsified another documents sell the property and disappear |
Re: I Released My House Document To My Cousin To Obtain Loan, How Can I Get It Back? by mirob(f): 9:36am On Jan 24, 2020 |
Op please we go need update as you take settle the case, this case is very interesting. Some people can be so heartless. 1 Like |
(1) (2) (3) ... (11) (12) (13) (14) (15) (Reply)
Deji Akinyanju Is The Founder of Chicken Republic / Easiest Way To Send Money from Nigeria to US? / Opay Risks Ban As Report Finds Them Guilty Of Offering "Crazy Loans"
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 82 |