Greetings, I have a small problem connecting car credit and I need discernment and advice. In August 2012, my father took over the loan of a car from his brother. Dad was abroad and stayed with me (20 years old at the time) to take care of it. On a fraternity basis, both parties have agreed by agreement (only between the parties) that 1) we bought the car for a fee of 5k 2) the car still has 5 years of bank credit 3) we pay monthly and if the payment is completed (towards the end of 2017), then the name change process will be carried out. That`s how the problem appeared this year, when Dad asked us to ask for an account statement (the account statement was my brother who removed it from the bank), and then the brother told me that the car still had the rest until 2019. This means that in 2012 the car was still 7 years old and not 5 years old as agreed. So I feel betrayed and unfair with what happened. while the covenant was concluded on the basis of fraternal trust. My question is now, according to abg, what is necessary and what to do? To pull the car, the bank must make another request of the order to recall the car, since the payment exceeds 75% of the cash price of the exemplary vehicle DATE OF THE NAME OF THE BORROWER Address of the bank address U.P. If you know the name of the manager or supervisor Tuan Per: No account name of the borrower application YOU MAKE THE PROPOSED PAYMENT OF OUTSTANDING DEBTS The above point is returned. SITUATION 1 After the auction, I would like to make a proposed payment for the remaining balance of the car debt.
I hereby invite you to provide the full amount of the transaction without further counting of RM________ interest, including legal fees and, if applicable, legal fees. I am willing to pay RM……. (depending on the banks – usually 30-50% of the total amount) then a monthly payment of RM_______ (or how affordable) until full settlement. SITUATION 2 I have received a copy of the judgment, dated….. for a debt in the amount of RM…….. Legal costs. I hereby invite you to make available the full amount of the transaction without further counting of RM________ interest, including court costs and legal fees.. . . .