QUOTE(poolsurf @ Mar 29 2019, 11:21 PM)
I signed a place under RUMWIP and the appointed lawyer are also the bank panel and insist that I have to sign a letter of wavier for rights of appointing a solicitor for the loan transactions. They say it's Maybank practice.
I know the LA is only favorable to the bank but this practically means if the bank do anything wrong I am responsible? Have any of you signed this form in a loan? Is this allowable, taking my basic human rights to be defended?
The appointed lawyer is acting for the Bank, even though you may be the one paying their fees. You can independently appoint your own lawyer to act for you, just that you have to pay more money.I know the LA is only favorable to the bank but this practically means if the bank do anything wrong I am responsible? Have any of you signed this form in a loan? Is this allowable, taking my basic human rights to be defended?
Mar 30 2019, 09:22 AM

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