But I have recently retired and took a lump sum from my pension ... because I would be paying a chunk of the property's value back to the mortgage lender and not benefiting from it myself?

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The RBI has said settlement amounts should preferably be paid in a lump sum. In cases where staggered payments are proposed, ARCs must evaluate the borrower’s business plan, projected earnings, and ...

Every ARC shall frame a board-approved policy for settlement of dues payable by borrowers. ARCs must get settlement proposals cleared by an independent advisory committee, which will consist of ...

It further said the settlement amount should preferably be paid in a lump sum. "Where the settlement ... pertaining to a borrower with an aggregate value of more than Rs 1 crore or less. The Net ...

The Trump administration has set its sights on the sprawling federal bureaucracy. On Jan. 28, the Office of Personnel ...

Businesses and individuals alike have been impacted by the announcements made around spending and of course taxation in the ...

The RBI on Monday modified guidelines related to Asset Reconstruction Companies (ARCs), envisaging that settlement with the ...

Under Indian tax laws, the sale of USA-listed shares is subject to capital gains tax, depending on the holding period. If ...

You'll also need an appraisal to determine the value of the land and the finished ... pay the principal back in one lump sum. This option avoids the complexities of rolling your construction ...