19-year-old student B.Tech from the small college Tier-3 shares her desperate situation online. In the Reddit post, the user shared that she recently lost her father, a single gainful member in their five family. Now he has to take care of his mother and three younger sisters.
The family has £30 Lakh Home Loan on their only house. Without savings and without income, the bank asked them to trigger or relax.
The court case in Thiruvananthapuram can give them some time, but eviction could still happen at any time. Her mother is uneducated, her sisters are at school and have a scholarship for her fees, but no other income.
“I’m not here for sympathy. I’m just … lost. I don’t know how to handle it without losing my house. I don’t know how to survive for the next few years until I can stand on my own feet,” she wrote.
Reddit still needs 4-5 years to complete studies, get a job and repay a loan. Asks for help with crowdfunding, legal counseling, support of NGOs or work. He wants to keep the house and continue to educate his sisters. He promises to repay anyone who supports them during this crisis.
“I’ll be real – there were days when I felt like I gave up completely, but I can’t. My sisters need me and I can’t leave their lives,” she wrote in Reddit.
Social media counseling
In response, the user shared a similar experience when he lost his father and faced £37 Lakh SBI loan without insurance, with mortgage house. He recommended negotiations with the bank through a lawyer because the results depend on the bank and the people involved. In his case, they sold the house, cleaned the loan, moved to the rented place and borrowed from friends to survive.
“If you sell your house, people can and try to take advantage of your situation. Lieting can be expected. Try to be desperate and focus on a fair price,” the user suggested.
When the user noted that a housing loan had to come up with an insurance that gave up in the event of a sudden demise. OP replied that her father had decided under the bank manager’s council.
“It could be easier to sell a house to take recognition and pay a loan. You should have a twisting space for renting a cheap place. Meanwhile, you can pick up more work and maybe buy something later,” came from another user.
The published replied that she tried other things than she had to go to this “last option”.
“I don’t want to give up the only thing my father left like this,” she replied.
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