Pending loan dues
3 years ago
I have taken loan from 5 banks and financial institutions and also have 2 credit cards. I was making timely payment before lockdown but I lost my job in lockdown and I am still searching for a job. I informed this to all the banks and financial institutions but I am still receiving multiple calls and legal notices from bank. My financial condition should improve from March 2021, however none of the banks are listening to it. I am not even sure that the people who are calling are from bank or from recovery agency because they are very arrogant sometimes. I need some help or suggestion here, so that I could get some extension till the month of March. Thanks.
Ayantika Mondal @ Prime Legal
Responded 3 years ago
You can send them a reply to the notice sent explaining your financial stand, also mentioning that you will start paying from March.
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Reply to legal notice could be sent to the bank stating your financial conditions and the extension you need to repay the money.
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