Need help with debt recollection.

6 years ago

Hi, I gave a loan of Rs 200000 to my friend. At the time of giving the loan I created an agreement on rs 100 legal paper. It was without notary. An emi of rs 12000 was decided every month but he is not giving any emi since last 4 month. I have taken few blank cheques with signature at the time of giving money to him. This was done to keep something as a safeguard. Can I use this cheques? Can I somehow invoke the agreement which was created. Please help me with the next step

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Deepak Yashwantrao Bade

Responded 5 years ago

A.dear client in your case You can use those cheques. There is no problem in that. yes you can invoke such agreement and can file money suit.

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NILANJAN CHATTERJEE

Responded 6 years ago

A.Dear Sir
You can use those cheques. There is no problem in that. yes you can invoke such agreement and can file money suit.

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Purbasha Roy

Responded 6 years ago

A.Dear Abu, If you have the already signed cheques then in my opinion you should try to get your money back with the help of those cheques.

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Ambrose Leo

Responded 6 years ago

A.Your is a serious financial issue and it better to consult a Senior Lawyer to take up the issue and help you ,because the cheat befriend you for the criminal mind set & cheat you with all knowledge & legal aspects. quick & timely action with legal guidance & help can protect your money.

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Johnson Thangiah

Responded 6 years ago

A.Sir,
You file case in civil suit (OS) with cheque and agreement.
The criminal case is not fit in this matter....

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Taran Dwivedi

Responded 6 years ago

A.Yes, you can fill the amount on cheques and encash them. If the cheques bounce then you can go for the legal action through a lawyer.

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