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Debt review home loan settlement

Questions & AnswersCategory: Debt ReviewDebt review home loan settlement
Anonymous asked 2 years ago

We are under debt review for 7.5  years and home loan was R1 180 000.00 that we loan a few years prior to us going under debt review. We now want sell the house is this the biggest debt we have. I the home loan is settled we than can settle the smaller debts. However the bank now requires R 1700 00 as at last year 2015 to settle the house. How do we ever reduce the amount if it keeps escalating. Does this mean we stuck for life. Is there a another home loan debt review department that we can contact to get a reduced settle met figure. We have now lost out on the sale of the home with Two (2) qualified buyers. Looking forward to your reply: Anonymous