Personal loan defaults Personal loan defaults

4 years ago

Dear Sir/Madam,

I have taken personal loan from a private bank in 2017 , I lost my job in 2018 June still i tried to clear all my emis even when I was in financial crises but sir I invested all my savings now i don't have option because recently I got employment but same I ay pay emis for next 6 Months because it's on contract basis hence i request you to suggest me what should I do. I need free suggestion

Kishan Dutt Kalaskar

Responded 4 years ago

View All Answers
A.Dear Sir,
You may ask them to approach Civil Court. It being a civil matter they cannot force you to pay the same immediately.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Shreyash Mohta

Responded 4 years ago

A.Please take direct consultation from me through Vidhikarya.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconUnfreeze
Dear Client, Once a cybercrime scam or fraudulent transaction is reported online to the National Cyber Crime Reporting Portal(NCCRP), on the instruction of the Cyber Crime Cell, the investigating tea...
question iconFor bank loan
Dear Client, the loan amount must be repaid by the legal heirs of the deceased or the nominee by the deceased if the assets would be frozen by the bank. there is no other legal remedy to non payment
question iconBankruptcy and Debt
Dear sir, You may join any reputed NGO and render your personal service where you can get at least free accommodation and boarding.
question iconStrong Legal Notice--Recovery of amount
Dear Client, Unfortunately, there are no legal remedies for illegal issues. A contract for an illegal purpose is void from the beginning and in case such an illegal act is revealed from any source, bo...
question iconBajaj Fin Overdraft loan default
Dear Client, A borrower of a loan or debt is held liable personally for his or her debt for non-payment of the outstanding amount of the loan. Once the repayment of the loan stops or bounces for cons...