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 Late Charges, Who should pay for the late charges?

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forever1979
post Aug 14 2015, 11:06 AM

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2,854 posts

Joined: Jul 2013


QUOTE(R8lover @ Jul 30 2015, 12:07 AM)
Hi All,

I Need Heeelppp~~~ cry.gif

Regarding the late charges.
I got a little bit of problem when come to late charges to vendor.

Lawyer A (Lawyer Appointed by Loan Consultancy)
Lawyer B (My S&P Lawyer)
Lawyer C (Lawyer Appointed by Public Bank)

Here is the stories.

I got my loan from one of the loan consultancy.
I got offer from Public Bank, So I agreed to take the loan, I plan to use my own lawyer for Loan and S&P, But loan consultancy doesn't allow me to use my own lawyer, so they appointed their own lawyer (Lawyer A), and I get my own lawyer (Lawyer B) to process S&P parts.

S&P Signed on 30th April 2015
Loan Agreement signed with Lawyer A on 29 April 2015 (Paid to Lawyer A)

So the Lawyer A submitted my application to Public Bank. Public bank refused to use the Lawyer A to process my loan for unknown reason, so Public Bank appointed his own panel lawyer (Lawyer C) to process my loan without inform me. vmad.gif

Lawyer A claim to be, they only received the document and bank instruction from Bank and Lawyer A on 4th June.

What is the progress now?
Owner Bank return with the strata title to Lawyer B.
Then Lawyer B will advise Lawyer C to process the last payment redemption from the bank.

I'm calling them all day and all night to chase them like hell. cry.gif 

So now, the whole process supposed to be end 3 months times on 31 July 2015. who is going to bare the interest? icon_question.gif
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I am confused. Why your loan consultant recommend the lawyer (Lawyer A) is not recognised by public bank. and how come u mentioned u signed the loan agreement ? the loan agreement is not from Public Bank ?




 

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