Prior to answer your questions I would like to see the copy of mortgage
For advise and detail discussion please mail me on
Sir he can adopt both ways. He can file a cheque bounce case against you if you have given a cheque in lieu of loan and he can also forfeit your property if you have done any agreement with him regarding such loan. But if you want to secure yourself, you have to provide me certain details. For any further assistance, feel free to contact me on my e-mail "email@example.com"
Shubham Pabbi & Associates