Anonymous asked 11 years ago
Dear Mr. KC Lau:-
Due to my failure in personal investment, i’m runned up myself with huge debts.
I would like to apply cash-out refinancing from my existing housing loan (150KRM outstanding) which potential provide me 200KRM to pay-off all outstanding debts and bring myself and my family out from terrible debts life. Unfortunately, i was facing problem for this application.
Hosing loan details:-
Borrower:- Elder brother and myself
Chargor:- Elder brother, myself, father(deceased)
I was told that i’m not able to apply anything from my housing loan due to my deceased father name is one of the owner even though i’m now is the appointed administrator (LA letter under my name).
Is that really no way to allow me to go through this application? Kindly please advice. I had been struggle for quite some time and found myself no longer can afford anymore. I don’t want to continue my life in this situation anymore, i want to find a way out.