Court notice for credit card recovery
Court notice for credit card recovery
I got a court notice from district court Nagpur for recovery of 291000 dues of sbi credit card. I am almost bankrupt with no movable or immovable property to dispose and settle the issue. Kindly advic
5 years ago
A. File and insolvency suit.
Shreyash Mohta
Rameshwar Dadhe
Unable to pay debts and Emi's
I took personal and business loans from 10 financial institutions and two credit cards. I also took money from other persons. I was unable to pay emi's and credit card bills from six months and paid f
5 years ago
A. 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 governed by the rule of law," a bench comprising Justices Tarun Chatterjee and Dalveer Bhandari said.
The court while dismissing the ICICI Ban ...ReadMore
Sunil Kumar Singh
Rameshwar Dadhe
Travel Ban
Dear Sir, I have some unsettled credit card debts in the UAE and I am currently in India.Since I have to travel out of India to SIngapore, Is there any way to check if there is a travel ban imposed o
5 years ago
A. U should send legal notice through lawyer before it
Rameshwar Dadhe
How to file for bankruptcy
Hello Sir, I had quit my job 2 years ago as I had to take care of my new born.. since 2 years I managed to pay my debt every month.. now it's impossible to clear my debt.. I have been unable to pay f
5 years ago
A. http://lawgyaan.in/faq-insolvency-bankruptcy-code-2016-ibc/
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 Authorities involved:
1. What is Insolvency and Bankruptcy Code, 2016? Wh ...ReadMore
Rameshwar Dadhe
Credit card written off
I have used my credit card and my dues around 4 lakhs, including interest and all charges. I want to sort out the Issue without effecting my cibil , but bank person as given option of settle
5 years ago
A. speak with the bank officials. However if you don't want your CIBIL affected you should pay the full payment which can be either one time lump sum amount or emi option.
ROBERT D ROZARIO
I got a legel notice from finance company
Hello sir i am mukesh agrawal. I took a loan from home credit of amount 120000 on may 2017, I was continue paying my emi till august 2018, But dur some financial losses i was unable to pay my EMI , n
5 years ago
A. contact the bank officials to stop sending the recovery team from harassing your relatives. In the meantime contact a local lawyer from DRT from Vidhikarya to reply to their notice. Alternatively you may contact the bank manager to give you some time to repay the loan amount as you're going through a financial loss.
ROBERT D ROZARIO
Personal loan debts & credit card dues
Dear Sir, I have multiple personal loans from various banks around 4.5 lakhs & credit cards over due around 1.5 lakhs. Due to some financial issues I didn't pay the dues from last 5 months. All EMI'S
5 years ago
A. Dear Sir,
You may get issue a legal notice asking the bank to wait for some more time otherwise ask them to file a civil suit where you will get time by way of installments.
For full procedure contact me on mobile through Vidhikarya.
Legal Notice
Dear sir, I am a salaried employee in a private organization. I have multiple personal loan debts from various banks & credit card over dues from last 4 months. My financial position is very bad & I c
5 years ago
A. Dear Mr. Chandra Sekhar,
This is not the right cause to serve Legal Notice.
Best option for you would be to meet the Branch Manager of the Bank concerned and ask for additional time and refund the money as per the calculation and well in advance of time.
That would really save you from a lot of crisis.
Shanti Ranjan Behera
Advocate
Personal loan debts & credit card dues
My name is B. Chandra Shekhar. I am a employee in a private organization. I reside at Hyderabad. I have personal loan debts & credit card dues. All loans were issued through my salary statement docume
5 years ago
A. Dear Mr Chandra Sekhar,
You need to pay the banks and other financial institutions.
This is a repetition of the same question answered earlier.
Shanti Ranjan Behera
Advocate
Money Paid to Builder as Loan with security of Flat and buyback clause ....not returning
I had paid INR 9.25L to a builder as Loan / Investor when the work of the building had not started with a condition that alll work will be completed with in 3 years and i will have a option to take my
5 years ago
A. Dear Sir,
This is a Consumer Case, you can file a Consumer Case against that Builder.
Please Consult Advocate along with all the Documents available with you to get clear suggestion and he will suggest you how to proceed with your case or contact me.
Srinivas B
Deepak Yashwantrao Bade
sistla ramakrishna
Bharat Pawar
