Loan recovery - I have loan to a women in India Loan recovery - I have loan to a women in India

9 months ago

I have loan to a women in India, she has no properties on her name. She is saying that her daughter will repay her loan, meanwhile her daughter in foreign is not responding. What I am supposed to do

Anik

Responded 9 months ago

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A.Dear client,
You may take legal recourse to recover the money for which firstly legal notice would be issued by your advocate and thereafter, a civil suit for recovery of due amount with interest would be filed on your behalf
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Vidhi Samaadhaan Vidhi Samaadhaan

Legal Counsel Vidhikarya

Responded 9 months ago

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A.Dear Client,

In case you possess any document behind the loan transaction having a condition of repayment of the loan, you may serve a legal notice to the borrower failing which you may file a money suit before the Civil Court for recovery of your debt from the borrower. Reach out to an Advocate for guidance and steps.
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Vidhi Samaadhaan Vidhi Samaadhaan

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