Bankruptcy/ Credit card due's
3 years ago
Hi,
I have credit card from HDFC bank and also running some Personal Loans, due to covid-19 pandemic i am unable to payoff my Credit card dues and have requested time for taking loan and paying off that as am the sole-n-soul member earning in my family and got some health emergency not able to pay minimum amount of CC but I have paid all my loans regularly. Can someone please guide me what to do as am getting harassments call's from bank though I have explained my issue and have requested some more time from them and they have charged me a huge interest rate.
A.Banks will have no mercy, ask vidhikarya to reach me.
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A.1) As you was the regular payer of Bank loan/ credit card there is nothing much to worry as the covid-19 situation is NOT been deliberately bought by you, but it is due to the situations beyond your control.. & a national Disasters .
2) Using of any abusive language with your wife/ family members is very much illegal as the card is not in her name request you to record all the calls immediately along with the Caller name, time and date and save it into a pen drive forward it to us
3) All this has been banned by the RBI then to advice you that as the situation is beyond your control straight away tell to them that you are unable to pay the outstanding dues. The maximum they can do is keep your name in CIBIL
4) Send a email to all the banks asking for more time & if situation improves tell them you have a very positive intend to pay just like you have paid regularly before & if they keep on harassing you then you can tell that they may never get the amount. Also record all their calls & make a pendrive ready of all the recording with date & time & Name of the person calling, as if things really go bad you will have to take a legal action against them.
5) Now it’s the Time to file a police complaint that some unknown people / Recovery Agents with different numbers are calling them, a stern action will be taken.
6) But if you want to defend them and running the legal battle will be a costly task for you …as you have NOT mentioned what is your total outstanding dues. If you are ready for the cost… then task of legal steps are ready
If you realize my professional skills, the time & efforts put in by me needs to be truly appreciated, and then Please “CLICK MY LIKES/ THUMBS UP/GIFT” button shown below this reply format & also CLICK/ WRITE a “REVIEW” in 5 star as I have answered your query in detail. Hope this information is useful
ADV. ANISH PALKAR (High Court)
2) Using of any abusive language with your wife/ family members is very much illegal as the card is not in her name request you to record all the calls immediately along with the Caller name, time and date and save it into a pen drive forward it to us
3) All this has been banned by the RBI then to advice you that as the situation is beyond your control straight away tell to them that you are unable to pay the outstanding dues. The maximum they can do is keep your name in CIBIL
4) Send a email to all the banks asking for more time & if situation improves tell them you have a very positive intend to pay just like you have paid regularly before & if they keep on harassing you then you can tell that they may never get the amount. Also record all their calls & make a pendrive ready of all the recording with date & time & Name of the person calling, as if things really go bad you will have to take a legal action against them.
5) Now it’s the Time to file a police complaint that some unknown people / Recovery Agents with different numbers are calling them, a stern action will be taken.
6) But if you want to defend them and running the legal battle will be a costly task for you …as you have NOT mentioned what is your total outstanding dues. If you are ready for the cost… then task of legal steps are ready
If you realize my professional skills, the time & efforts put in by me needs to be truly appreciated, and then Please “CLICK MY LIKES/ THUMBS UP/GIFT” button shown below this reply format & also CLICK/ WRITE a “REVIEW” in 5 star as I have answered your query in detail. Hope this information is useful
ADV. ANISH PALKAR (High Court)
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Sidhaarth
Responded 3 years ago
A.Firstly block all such unwanted calls. Report the matter to police reporting harassment by bank and it's goons. Let bank file suit for recovery which will take minimum 2 months time. If bank proceed under SARFAESI regarding loan then it will take minim 2 - 3 months time to initiate proceeding for recovery. You shall have every option to settle the matter on your terms in court. Courts are also linient particularly after covid.
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A.Lodge police complaint
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A.Hi,
You can approach the Banking Ombudsman and state your grievances to them, they will provide you with the best course of action.
If you found this helpful, please rate us.
You can approach the Banking Ombudsman and state your grievances to them, they will provide you with the best course of action.
If you found this helpful, please rate us.
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Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
You can state your grievances to the Banking Ombudsman, if HDFC is unwilling to restructure your payment plan.
If you found this helpful, please rate us.
You can state your grievances to the Banking Ombudsman, if HDFC is unwilling to restructure your payment plan.
If you found this helpful, please rate us.
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