Bank Recovery Agents Harassments
Bank Recovery Agents Harassments
Hello Sir, When the older son took a bank loan, the recovery agents can torture his brother, parents, brother's spouse, government Anganwadi employees & other government servants who have contacted th
1 year ago
A. Dear Client,
It is advisable to consult a bankruptcy expert in this query. You can also call the number provided on the website. Thank you.
Preventing mentally unstable person from taking instant loans
Hi, My brother is suffering from mental illnesses and recently got burned by gambling away a lot of money in online platforms, and on top of that took a lot of loans from instant loan apps and credit
1 year ago
A. Hello Sir,
I would suggest you to take him to a good psychiatrist so that they can help them or you can just talk to him and make him understand that what he is doing is wrong and creating a problem for you guys.
HOW TO SAFEGUARD HUF PROPERTY FROM ATTACHMENT?
Sir, I am a guarantor for my friend in an individual capacity who is the principal borrower in a cooperative bank. No collateral security has been given from my end. The principal borrower is a defaul
1 year ago
A. Dear Sir,
Unless your property is mortgaged it cannot be attached or sold in public auction. Anyhow you are advised to approach Debt Recovery Tribunal and get a stay order against such Bank.
SARFAESI
Bank issue demand notice U/S 13(2) of SARFAESI act within 3days of account becoming NPA. WHAT IF BANK FAILS TO DO SO ? CASE LAW REGARDING IT?
1 year ago
A. Dear Client,
It is advisable to consult a bankruptcy expert in this query. You can also call the number provided on the website. Thank you.
Credit Card payment
I have been asking my credit card issuing company for settlement or restructuring , they are harassing and asking for total payment. how can i counter then legally and as i don't have funds immediatly
1 year ago
A. Hello Sir,
You can file a complaint with the RBI, or you can talk to a lawyer about your rights and what you can do to stop the harassment. You may also be able to file a civil lawsuit against the debt collector if they have broken any laws.
Educational loan
I have taken 10 L loan from bank for studying BDS, pledging my fathers property. Now the principal amount + interest , it is 14L. I have only salary of 8000 and my parents are heart patience that they
1 year ago
A. Dear Client,
There is little action that can be taken legally if the interest rate was fixed since the beginning. Please consult a bankruptcy advocate who is well versed in this regard.
Property - living separately with my hubby
I m living separately with my hubby since 1 year . we had a property with Joined Name and loaned with Hdfc bank and My hubby is not paying Instalment due to that he is in Process of possession . i wan
1 year ago
A. Dear Client,
On account of a property on a join name, both the parties have equal rights over the same. Your husband cannot claim the property alone.
SARFAESI
13(2) notice is issued by bank after 3days NPA of property. What if bank sents notice after 180days of property being NPA
1 year ago
A. Hello Sir,
I didn't understand the facts which you have provided. Please make it more clear and let us know.
Thank you
Bankrupt - financially bankrupt
I am financially bankrupt. I have personal loan which I am unable to pay. I tried various ways to keep paying it but now I am in deep mental stress. How can I declare my self bankrupt legally?
1 year ago
A. Hello Sir,
There can be a potential legal action against you in this regard. Please consult an expert of this particular field with more details.
Credit card debt
I received demand notice from SBI card for 95000 as my card limit is only 87000 but Im not able to pay due to I'm jobless now due to some medical issues and don't have any assests to repay my outstand
1 year ago
A. Here are a few steps you can take to deal with the demand notice from SBI Card:
Contact SBI Card: Contact SBI Card's customer service and explain your situation. They may be able to offer you a repayment plan or help you come up with a solution.
Negotiate with SBI Card: If you're not able to pay the full amount, try to negotiate with SBI Card to reduce the amount or to work out a payment plan that you can afford.
Seek Legal Help: If you're unable to come to a resolution with SBI Card, you may ...ReadMore
