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Property Legal Advice

Asked by r***@hotmail.com 23 Nov 2021

I have been struggling to keep up with mortgage repaynents and service charges since pandemic due to job loss. What are my options? If i give up, what are the repercussions?

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Muhd Fahmie · Answer 1 · 2021-11-24T12:07:51+08:00

Muhd Fahmie

Replied 24 Nov 2021

Hi. Sorry to hear that. A few options that can be taken: (1) Discuss with your bank on taking loan moratorium. (2) Engage with property agent to sell off your house. (3) Engage with AKPK (Agensi Kaunseling & Pengurusan Kredit). If you do nothing on monthly repayment, sooner or later your house will be auctioned. Hope this helps. Thank you. Read More

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