Menu
keyboard_backspace

Q. Kumar Krishnan

Placeholder image

Anonymous

posted 1 year ago

Q.Kumar Krishnan
Dear Sir
I have taken a hand loan of amount 5 Lacs from a neighbor a year back. paid all outstanding interest till this month. Now he is immediately asking me to settle the 5 lac amount. I need another 3 months time to arrange the amount. Kindly advice if legally i have any options to do so

Please do not provide your contact details here. We share your contact details on demand from the client.

Your Registration is Incomplete. Please Complete the Registration

Sorry, Your Profile is not activated.

Sorry, You can't respond to the Question as your account has been blocked.

Response is Required

Response should be with in 4294967295 characters

~ and ` characters are not allowed

Symbols are not allowed (Excluding #)

# Symbols is required

NILANJAN CHATTERJEE

Experience: 5 Year(s)

Responded 1 year ago

View All Answers

A. ) you send him a letter stating your financial condition and ask for 3 months grace. If he doesn't allow that then in that case let him file a suit against you. That letter will be the best available defence in your case. Wherein which the court can grant you the time and dismiss his case.

Reply is Required

Reply should be less than 4294967295 characters.

Helpful
Helpful
Share

Ashish K Dongre

Experience: 12 Year(s)

Responded 1 year ago

View All Answers

A. ) Whether your neighbor is having valid money lender license??

Reply is Required

Reply should be less than 4294967295 characters.

Helpful
Helpful
Share
Talk to a Lawyer
Post Your Matter
Request Callback
Contact Us