90,000+ Legal Questions Answered
A.Dear Sir,
Nicely take a cheque and file a cheque bounce case otherwise you may not recover the same.
Nicely take a cheque and file a cheque bounce case otherwise you may not recover the same.
Helpful
Helpful
Share
Ankur Goel @ Complete Law Shield
Responded 3 years ago
A.when took money ?
how much ?
you can file recovery suit within 3 years.
how much ?
you can file recovery suit within 3 years.
Helpful
Helpful
Share
A.Hi,
Go to the court if you have an agreement drawn up for the loan. The court will order the person to repay. If there is no agreement, then no legal action can be taken.
Go to the court if you have an agreement drawn up for the loan. The court will order the person to repay. If there is no agreement, then no legal action can be taken.
Helpful
Helpful
Share
Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
This is a consistent problem with loans made to relatives, since defaults in repayment is very common. If you had drawn up an agreement then you can go to the court to execute the same. If not, there is no actual legal recourse.
This is a consistent problem with loans made to relatives, since defaults in repayment is very common. If you had drawn up an agreement then you can go to the court to execute the same. If not, there is no actual legal recourse.
Helpful
Helpful
Share
Read Related Answers
My friend stood as guarantor to a chitfund company
Dear Sir,
The legal heirs of deceased that is wife is not a signatory to such guarantee paper. Get all the relevant papers maintained by the Chit Fund and approach the Civil Court and get a stay order...
Threatened
Dear Client,
When you joined the coaching institution accepting their terms and conditions, you should have informed the Coaching Institute about your cancellation or discontinuation of the coaching t...
I was unable to pay the dues of loan. The pocketly employees are abusing
Dear Client
When you have taken the loan then its your duty to repay the same and in case you are not in a position to pay due to any reason then you should let them know that you cannot pay now but y...
Instanova loan
Dear Client,
In the given situation, if you are confident with your loan status, you may file a complaint against the Bank to the regulatory authority RBI online on its grievance redressal portal und...
Took money based on lies
Dear Client,
In the given scenario, you can serve a legal notice to the person to whom you lend your money and if you possess sufficient proof in support of your claim you can file suit for cheating a...
Read Blogs on Debt Collection
Debt Collection Lawyers
Find Lawyers by Location