Lender Harrassment Lender Harrassment

3 years ago

Hi,
I've taken 5 lakhs and paid 30,000 per month interest from 2012 to 2018.
In January 2019, the lender forced me sign a promissory note saying that I owe him a total of 10 lakhs.
In 2020 I paid 3 lakhs principle amount, he considered that 3 lakhs under interest for 10lakhs.
Help me out

Ayantika Mondal @ Prime Legal

Responded 3 years ago

A.HI,
if you have evidences to prove your point that you took only 5 lakhs, you can file a case against the lender.
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Anik

Responded 3 years ago

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A.hi,
if you have proves that you took only 5 lakhs, you can take actions against the lender. he forcibly took sign from you which means it was under extorsion, coercion, force, etc. you can send him a legal notice and later file a case against him.
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Ankur Goel @ Complete Law Shield

Responded 3 years ago

A.send him notice immediately for giving calculation of debt and payment and interest through lawyer.
the reply will confirm the interest rate.
this looks like prohibited interest rate.
Then help can be provided.


Hope this clarifies,
Advocate Ankur Goel (Complete Law Shield)
#YourLifeYourChoice
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