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Mortgage Fraud Legal Recourse
Summary
If you mortgaged your property based on a friends promise and didnt receive the money, you can appeal the courts decision or request a settlement. Mediation is an option if both parties agree. Consult a local attorney for guidance.Full Conversation
I have a issue that my friend told me that he will give me money on my personal needs and he asked me to mortgage my property. So I believed in and mortgage my home. But after mortgage he didn't give me money
I'm sorry to hear about your situation, Vinay. Could you let me know where you are located? The legal recourse might vary depending on your location.
India
I'm sorry to hear about your situation, Vinay. In India:
- A contract based on fraud or misrepresentation can be voided.
- You can file a case for fraud and breach of contract.
- The best course of action is to consult with a local attorney.
- A contract based on fraud or misrepresentation can be voided.
- You can file a case for fraud and breach of contract.
- The best course of action is to consult with a local attorney.
But I didn't file a case. A year after he filed a case against me and won the case in court and the court asked me to pay the money which I didn't take at all
I'm sorry to hear about your situation, Vinay. In India:
- You can appeal the decision if you think there was a mistake.
- You'll need evidence of the fraud.
- Always consult a local attorney for the best results.
- You can appeal the decision if you think there was a mistake.
- You'll need evidence of the fraud.
- Always consult a local attorney for the best results.
I don't have any evidence that I didn't take the money as I believed and mortgage my property. Court asked me to pay * lakhs to him. Is there any way to reduce the amount at least to * lakhs as I cannot afford to give.
I'm sorry, Vinay. In India:
- You can request a settlement or negotiation.
- You can also appeal for a review of the judgement due to financial hardship.
- Please consult a local attorney for better advice.
- You can request a settlement or negotiation.
- You can also appeal for a review of the judgement due to financial hardship.
- Please consult a local attorney for better advice.
What can I do for negotiation or settlement now. What if they don't accept for negotiation?
In India:
- You can formally propose a settlement offer to the other party.
- If they don't accept, you can approach the court to mediate.
- Legal counsel is recommended to guide you through the process.
- You can formally propose a settlement offer to the other party.
- If they don't accept, you can approach the court to mediate.
- Legal counsel is recommended to guide you through the process.
How court will mediate us
In India, the mediation process typically follows these steps:
- Both parties agree to mediation.
- The court appoints a neutral mediator.
- The mediator facilitates a discussion between parties to reach a settlement.
- If a settlement is reached, the court will record it.
Please consult with a local attorney for more accurate guidance.
- Both parties agree to mediation.
- The court appoints a neutral mediator.
- The mediator facilitates a discussion between parties to reach a settlement.
- If a settlement is reached, the court will record it.
Please consult with a local attorney for more accurate guidance.
What if both parties not agreed to mediation
In India, if both parties do not agree to mediation:
- The court cannot force mediation.
- You may appeal the judgment or ask for a review.
- You may propose a settlement directly to the other party.
Consult a local attorney for further advice.
- The court cannot force mediation.
- You may appeal the judgment or ask for a review.
- You may propose a settlement directly to the other party.
Consult a local attorney for further advice.
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