Joint account loan issue Joint account loan issue

2 years ago

My friend & me taken loan on joint account.Amount credited in his account.Now he is not paying.Bank issued notices to both of us.
At last I paid amount to bank, now I want to recover from my friend.

Anik

Responded 2 years ago

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A.Dear client,
you can send him a legal notice stating to pay the requisite amount within a particular time frame. If he does not do so then you can file a suit against him to recover the amount you have paid in place of him.
Thank you.
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