icon Personal loan,credit card loan

Main 10 lac tak ka loan liya tha trading ke liye alag alag banko tatha finance instition se Per Mera sara paisa Trading me dub gaya, ab creditor paiso ki mang kar rahe hai, recovery wale pareshan kar


A. Dear Client,

You have 2 available options at this stage,

a) 1) File an NC with the nearest police station against the people harrassing
you and/or
2) You may also seek help of Banking Ombudsman of your jurisdiction
through online.
b) You may also issue a notice seeking some time or action to resort it through
amicable discussion stating your grief.

Do rate, hit the helpul button and share, if u find me helpful.

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Latest Response 4 years ago
Anand S.  Pandey

Anand S. Pandey

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icon bankruptcy

I am under huge debt of credit card and personal loan.The collective EMI is much higher than my salary.So i couldn't pay the EMIs.2 of my loans of HDFC became NPA though im not sure about it.Im not r


A. Dear Sir,
You may file insolvency petition or get issue a legal notice to avoid nuisance from recovery agents on the basis of following judgment.
==============================================
ICCI Bank Limited vs. Prakash Kaur case,

The Supreme Court in a landmark judgement reiterated its earlier stand that banks cannot deploy musclemen for recovery of loans from defaulters thus forcing them to end their lives.

"We deem it appropriate to remind the banks and other financial institutio ...ReadMore

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Neena Perpetua  C

Neena Perpetua C

Narender Raj  Gubba

Narender Raj Gubba

Raghu  Rajegowda

Raghu Rajegowda

icon Debt collection

I took a loan from flurton india approx 1lac..i'm not able to pay right now.. But recovery agent torturing me what I need to do


A. Hi client,
The recovery agents cannot harass or mentally torture for the debts. You need not worry. Write a letter to the concerned higher authority , pray for some time. If this doesn't work go for a legal notice and a suit later.
Thank you

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Md Shafiuddin  Yakub Ali

Md Shafiuddin Yakub Ali

BANDARU  RAJYA LAKSHMI

BANDARU RAJYA LAKSHMI

icon Insolvency / Bankruptcy

Need legal advice for my future course of action


A. Dear Sir,
http://lawgyaan.in/faq-insolvency-bankruptcy-code-2016-ibc/

http://dpal.kar.nic.in/pdf_files/7%20of%201963%20(E).pdf

FAQ on Insolvency and Bankruptcy Code, 2016 (IBC)
FAQ on Insolvency and Bankruptcy Code, 2016 (IBC)
The motive behind these Frequently Asked Questions is to address the basic queries of the stakeholder (Companies, Individuals, Partnership Firms, CEO, MD, Directors, professionals, students) on the Insolvency and Bankruptcy Code, 2016.
Evolution, purpose of IBC and Autho ...ReadMore

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icon Declare bankruptcy

I have any loans and no income now, therefore, I was to declare bankruptcy. How can I do that? And will banks stop calling and asking for money after that?


A. Dear Sir,
You may go through following procedure.
===========================================================
http://lawgyaan.in/faq-insolvency-bankruptcy-code-2016-ibc/

http://dpal.kar.nic.in/pdf_files/7%20of%201963%20(E).pdf

FAQ on Insolvency and Bankruptcy Code, 2016 (IBC)
FAQ on Insolvency and Bankruptcy Code, 2016 (IBC)
The motive behind these Frequently Asked Questions is to address the basic queries of the stakeholder (Companies, Individuals, Partnership Firms, CEO, MD, Directors, prof ...ReadMore

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icon REFUND OF INVESTMENT PROCEEDS

OUR BELOVED MOTHER PASSED AWAY IN 2018. SHE HAD INVESTED CERTAIN AMOUNT IN A FINANCIAL INSTITUTION LATER FACED LEGAL PROBLEMS AND COURT APPOINTED ADMINISTRATOR. IN THE COURSE TIME THE DECEASED INVES


A. Dear Sir,
You may approach again to the same Court saying that the action taken by Administrator is not legal and ask the Court to instruct the administrator accordingly.

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Vikramaditya  .

Vikramaditya .

Sanjay Kumar Jha

Sanjay Kumar Jha

icon Bankcrupcy

I am unable to pay my credit card debt, I have faced huge losses in my business, right now I have no income, how to file bankruptcy in kolkata?


A. Dear Sir,
You may used the following judgment and ask your advocate to get issue a legal notice and then they may not give trouble to you.
==============================================================
ICCI Bank Limited vs. Prakash Kaur case,

The Supreme Court in a landmark judgement reiterated its earlier stand that banks cannot deploy musclemen for recovery of loans from defaulters thus forcing them to end their lives.

"We deem it appropriate to remind the banks and other financial in ...ReadMore

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icon Loan debt

I have 2 unsecured loans and one secured loan but cannot pay emi of secured one right now, can i stop my Emi for a while for my unsecured personal loan and pay for my secured home loan and what are th


A. Dear Sir,
You may approach the bankers and senior officers and you may get appropriate reliefs.

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icon Waseem Khan

My father behalf of myself, brothers and sister invested money in known local chit person (unregistered) up to 6 Lakhs. My father expired in 2019 and the chit person said will give money but from last


A. Dear Sir,
You may immediately approach the police station.

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Rameshwar  Dadhe

Rameshwar Dadhe

icon Illegal Lenders Harassing My Dad and Advice for Bankruptcy

I will try to keep it short. Below is a table of the amount of debt my dad has to different lenders and their legality, there are many other (also not licensed legal loans) small loans my dad has that


A. Dear Sir,
You may get issue a legal notice on the basis of following judgment.
==============================================================
ICCI Bank Limited vs. Prakash Kaur case,

The Supreme Court in a landmark judgement reiterated its earlier stand that banks cannot deploy musclemen for recovery of loans from defaulters thus forcing them to end their lives.

"We deem it appropriate to remind the banks and other financial institutions that we live in a civilised country and are gove ...ReadMore

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Jagannath S  Pawar

Jagannath S Pawar

Rameshwar  Dadhe

Rameshwar Dadhe