Question:
You secure a loan from a credible bank on the strength of the now 'fake' title as collateral, being a normal Kenyan you do the only normal thing and tell the bank to auction the land to recover their money.

a) Will the bank still come after you?

b) Will you be blacklisted on the Credit Reference Bureau records?

Unfair!

They have got the collateral. That is what the agreement that you signed says, isn't it? Unless you signed another one...

@2012

As Kamiri says, its yes to both.

You would have obtained money "by false pretense" by purporting to have a title when in actual sense you do not have one. The bank will chase you and then you can chase whoever sold the "fake" land to you.

But Gathige, they failed to perform due diligence on their part. They should fire their representative who signed the forms.

Is the customer responsible for the incompetence of their employees?

I only qulified to be deducted the amount am currently paying, my salo hasnt increased in the past year.
What now make them think that I can pay an amount higher and still live my bear minimum life?