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Banking & Finance lawyers in Embilipitiya

Banking lawyers act for borrowers and lenders on loans, mortgages, leasing and guarantees. If a bank resolves to sell mortgaged property by parate execution, there are steps you can take, but only for a limited time.

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Banking & Finance: common questions

What is parate execution?

It is the power of certain banks to auction mortgaged property without going to court first, after passing a board resolution and publishing notices.

Can I renegotiate my loan?

Often, yes. A lawyer can help propose a restructuring and check the bank’s figures.