Father took loan keeping brother as coapplicant
Father took loan keeping brother as coapplicant
Father took loan from several banks total amount 2+ crore. Few are personal, business loan. He made brother sign a partnership agreement to get business loan. Also applied in 2 banks keeping him co-ap
11 months ago
A. Dear Client,
Sub-Section(4) of Sec,6 of Hindu Succession (Amendment) Act, 2005 defines Rights & Liabilities of a son member of a Hindu familiy. It says that no court shall recognize any right to proceed against a son, grandson, or great grandson for the recovery of any debt due from his father, grand father or great grand father. Apex Court has upheld gender equality after the amendment of Hindu Succession Act, 2005. Accordingly, a daughter even married has equal right and privileges that en ...ReadMore
Person not returning my Money
Hello All, My office colleague borrowed money from me and he is not returning it. I made calls and messages and he is not responding. He keeps on just saying 10 days 15 days. I told him i will file co
11 months ago
A. Dear Sir,
If the amount is big you may approach local Police and get a security cheque so that you can file cheque bounce case as follows:
Cheque bounce FAQs Negotiable Instruments Act
1A. Amended Cheque Bounce Provisions- 143A & 148…what is it?
Ans: Section 143A- It empowers the Court to order the drawer of the cheque to pay Interim Compensation - 20% - Without depositing this amount the accused cannot defend the case.
Section 148 – It empowers the Appellate Court to order payment p ...ReadMore
loan and debit card
I have taken personal loan and debt card but due to health issue im not able to pay and jobless from last 7 months. Loan executives r harassing me that they will file FIR
11 months ago
A. Hello,
As per the information you have mentioned it is advisable to you that you need t pay back the loan amount and if the loan executives till harassing you then you can file a complaint / FIR to police for harassment.
Harrasment and misbehave by recovery agent
I have defaulted। Three payment of my sbi card and even I cannot pay them for next few months. I have also activated nach can I get any court case for nach fail
11 months ago
A. Hello,
As per the infromation you have given it is advisable to you to file an FIR to police for harassment.
EMI overdues and harrasments calls by recovery agents
Dear sir, I am Vinod N from Bengaluru. from the past few months I have been facing a financial crisis, and with mere income, I am not able to pay the EMIs in time. I want to pay and clear everything,
11 months ago
A. Hello,
As per the information you have given it is advisabe to you to kindly file a FIR aginst them for harassment.
credit card dues
i am receiving multiple calls in a day i already told to settle the amount but he is not accepting what to do i dont know i am very depressed
1 year ago
A. Hello,
Legal Remedies available in the case of harassment by recovery agents are as follows:
1- Filing a complaint at the police station:
A proper complaint should be filed against the Bank and the recovery office. However, if the police do not file a complaint, the magistrate can be approached.
2- Complaint to your Bank:
Practically all banks have a complaint department. The client can move that department and can communicate on this matter. Generally, after recording the grievance, the clien ...ReadMore
NPA ACCOUNT
WHAT TO DO IF BANK IS NOT TAKING POSSESION OF MACHINE WHICH I HAVE KEPT AT RENTED PROPERTY
1 year ago
A. Dear Client
If a bank is not taking possession of a machine kept at a rented property, you should first communicate with the bank to understand their reasons for not taking possession. Review the rental agreement for any violations related to installing the machine. If the bank is still not taking possession, you may consider sending a legal notice to the bank and, if necessary, taking legal action, such as filing a lawsuit in a court of law.Please seek an expert legal advice over this matter.
Credit Card - I am using credit cards with good payment track
For the past 18 years, I am using credit cards with good payment track. unfortunately, I drowned in financial problems and was unable to pay minimum dues also. It takes more time to build my financial
1 year ago
A. Dear Sir,
CREDIT CARD HOW TO PROTEST
Dear Sir,
Yes, whether amount is small or big, not an issue. The MNC’s earn lot with such small amounts. For eg SBI earned more than R.1,000 Cr by charging Rs.50/- only. You have following options
1) To send reply to notice by yourself ( no effective)
2) To send reply notice by lawyer (costly and may not result into any positive result)
3) Complaint to Consumer Forum for damages
4) Online Complaint with Ombusdman
======================================== ...ReadMore
Bike emi defaulted
Sir , I am from kerala state my loan against the bike was defaulted by 3 emi , will my bike ceased ? I will not be able to pay for another 2 months what will happen to me .
1 year ago
A. Dear Client,
Typically after 3 missed EMIs, the vehicle is ceased. So, there are chances of your bike being ceased.
Credit card - legal way
What is the legal way to close my credit card bills as a student
1 year ago
A. Dear Sir,
There is no legal way to close the account except to surrender before the Bankers and pay their full claim and thus close the account for ever.
