icon 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


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.

Helpful
Helpful
Share
icon 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


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.

Helpful
Helpful
Share
icon 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


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.

Helpful
Helpful
Share
icon SARFAESI

13(2) notice is issued by bank after 3days NPA of property. What if bank sents notice after 180days of property being NPA


A. Hello Sir,
I didn't understand the facts which you have provided. Please make it more clear and let us know.
Thank you

Helpful
Helpful
Share
icon 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?


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.

Helpful
Helpful
Share
icon 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


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

Helpful
Helpful
Share
icon Contractual Payment

Hi All, I am in contract with ONE of Courier Aggregator company (Shyplite) and they deliver my courier and collect COD amount and return back to us within a specified timeline. During last year this


A. Dear Sir,

Please approach the following authority or similar authority in a state


The Office Commissioner of Labour
Karmika Bhavan, Dairy Circle,
Bannerghatta Road, Bangalore-29.
080-29753078
[email protected]
Addresses of Labor Inspectors in Bengaluru in different locations
https://karmikaspandana.karnataka.gov.in/page/Contact+Us/Labour+Inspector/en
=======================================================================
Section 12 in The Industrial Disputes Act, 1947
12. Dutie ...ReadMore

Helpful
Helpful
Share
icon Received a mail as unable to pay loan. How serious is this?

ACCUSED PERSON: *** THE COMPLAINANT: M/s *** Private Limited WHEREAS YOU ARE HEREBY NOTIFIED THAT THE ABOVE-NAMED COMPLAINANT WILL BE INSTITUTING THE ATTACHED COMPLAINT FOR OFFENCES UNDER SECTIONS 3


A. Hello Sir,
Your given facts are not understandable to us. Please make it more clear and get back to us so that we can answer it.

Helpful
Helpful
Share
icon Cash credit settlement after death

my father took cash credit loan of Rs 62 lakhs on morgage (residing house). he died last month. As per bank there is no insurance against this loan. i am just college pass out and not able to repay. s


A. In regards to your question, the bank may be willing to work with you to come up with a settlement plan for the loan. However, the terms of the settlement will depend on the specific policies and procedures of the bank, as well as the laws of your country.

You should contact the bank as soon as possible to inform them of your situation and discuss your options. They may require documentation, such as a death certificate, to confirm the situation. It is important to keep communication lines open ...ReadMore

Helpful
Helpful
Share
icon Personal Loan and credit card EMIs are unpaid

Hello, Because of jobloss and loss in business I am unable to pay EMIs to card and personal Loan. So far I had managed to pay all the EMIs or dues promptly for more than 2-3 years but now because of f


A. In this situation, it is important to take a proactive approach to address the situation and communicate with the lenders. Here are some steps you can take:

Review your loan agreements and understand the terms and conditions of your loans. Check if there are any provisions for a payment holiday or restructuring of your loans.

Contact your lenders and explain your situation. Try to negotiate a payment plan that works for you. Be honest about your financial situation and provide any documentatio ...ReadMore

Helpful
Helpful
Share