When you delay loan repayments, conflicts with creditors and constant stress begin. Therefore, it is better to do everything on time. But what if trouble happened?
Do not rush to swear. It is always better to try to negotiate peacefully. Provide the lender with a
financial plan, which indicate the actual terms of payment. The harsh truth is better than living in illusions.
When you can’t manage to agree peacefully with the bank to extend the loan agreement, and there is no way to pay it further, it’s time to prepare to protect your property at all costs. Especially housing purchased with a mortgage loan.
The following are some tricky tricks that will help you resolve the issue of "how to get rid of loans," as well as stretch litigation with banks, and even deprive them of the opportunity to take away your property.
Option 1
It will help not so much in the issue of “how to get rid of loans” as in securing time until the moment when the money appears.
So, if the lender sues you, try to drag out the process as long as possible. Do not come to court sessions, and they will be postponed from month to month. You can slow down this process with the help of various statements and petitions. For example, on the challenge of a judge, on a collegial consideration of a case, etc. You can appeal against decisions and rulings of a court.
But the minus of this method is that the hour of reckoning will come anyway. And pretty soon you will either have to pay off the creditor, or lose your property.
Option 2
How to get rid of loans quickly? Profitable to make repairs. If you skillfully change the housing beyond recognition, it will not meet the characteristics specified in the contract concluded with the bank. This will be an excellent basis for invalidating such a document. Thanks to this method, you can delay the collection of bail forever.
Some even manage to change the address of the mortgage. In this case, the bank loses all right to it.
Option 3
Still how to get rid of loans? Recognize the agreement that you entered into with the bank invalid. This is a fairly common way. Not only will this delay the payment by three to four months. So also, if successful, you can bargain for a good discount, and also get the right to pay the bank only the amount of the principal debt, without paying interest.
In order to initiate such a dispute in a court, weighty arguments are needed. For example, to prove that the person who signed the contract with the bank did not have the right to do so or violated the current procedure (there was no consent to the loan of one of the spouses or guardianship authorities, etc.). You can try to challenge the validity of the signature on the contract.
If you are still tormented by the question of how to get rid of loans, think about why you got into them and cannot pay them back. Maybe you live beyond your means? You spend more than you can earn. Everything is very simple here. A couple of months of pleasure and luxury, and then the soil leaves underfoot: it is a shame to look into the eyes of friends, overdue loans are hanging. Therefore, pull yourself together and rethink your life. Stop spending, start making money and plan your budget soberly.