Husband's debts including his own mother's maintenance
Husband's debts including his own mother's maintenance
Being a wife, am I responsible for my husband's debts. Most important of all is the maintenance amount that he is liable to pay to his mother every month as per court's judgement.
11 months ago
A. Hello,
You are not responsible for someone else's debt. When someone dies with an unpaid debt, if the debt needs to be paid, it should be paid from any money or property they left behind according to state law. This is often called their estate
Insolvency petition
I have a debt amounting to around 2 crore rupees. I am unable to pay the loans right now. I took these loans from banks, NBFC's and also from individuals. I have planned to file an insolvency petition
11 months ago
A. Hello,
As per the information you have given it is advisable to you to reach out to an advocate for first hand information.
Comercial vehicle lone
We take lone on 2nd hand commercial vehicle. And we did not pay lone time to time. There was around 1 lakh rupees due Because of that they took vehicle and sold it only for around 60 thousand and sent
1 year ago
A. Dear Client,
You can proceed to file a suit against recovery agents for harassment in this regard.
Borrow View App
I didn't apply for a loan on this app.i just checked it..I didn't even give my bank account but it sent me ₹2275 without me knowing..now after 7 days it asked me ₹4000..I didn't respond so it star
1 year ago
A. Dear Sir,
You may approach Police and also make it viral and give alerts to all the groups so that App people may surrender and compromise.
They Denied to pay me back
Sir, One person tell me that give me 5000 and now I'm demanding my 5000 they gives reason like my account is freeze. What to do with it. they ask me money for sharemarket
1 year ago
A. Dear Sir,
You may go to Police Station since it is a small amount you cannot spend for legal expenses.
Isa breach
So I have been undergoing training with a institute for software developer under the isa agreement for past 6months as per the agreement i have to pay them some percentage after I get placed but becau
1 year ago
A. Dear Sir,
You need not pay anything to them. Just ask them to go to any Court which they cannot. First get issue a legal notice putting your defence.
Notice under Sarfaesi Act
I had borrowed from DHFL for buy a flat in Faridabad in 2012. Within 2 years the project went off the rails and virtually nothing is constructed apart basement. The builder was sent to jail and now th
1 year ago
A. Dear Sir,
There might be co obligant and the Bankers can move to take action against the assets of co obligant if the assets of borrower are insufficient.
Father's personal loan payment after his death
My father has 7 Lakh outstanding for his personal loan . He expired on 13 th December . Bank is telling he has done insurance against the loan. Do I have to pay the money as his legal heir ?
1 year ago
A. Hello Client,
According to the Hindu Succession Act, you do not have to pay off your father's loans.
Delay in Laon EMI payment
I have a loan with Prefr who I took a loan of 1,42000. But due to some financial problem the EMI are getting delayed
1 year ago
A. You should immediately intimate the said financial institution regarding your financial crisis and ask for some time or any other remedy otherwise if you fail to pay consecutive three EMIs then the said financial authority may sue you for not paying the EMI on respective schedule.
Subhashis Paul
Debt from private money lender
I have borrowed 2,20,000/- from a private money lender. And have been paying interest @ 3% for past 6years. I work as a delivery boy and in a deep financial stress. I am unable to pay interest but try
1 year ago
A. Dear client,
As you have agreed to pay 3% 6 years ago and you have paid for past 6 years, you will have to continue paying accordingly. You can do the following:
1. Get an exact idea of the total amount due.
2. Prioritise and ensure timely payment of debt.
3. Consolidate loans.
4. Try settlement of loans with your lender.
OR
You can file a complaint with the NBFC Ombudsman by writing on a plain paper and sending it to the concerned office of the NBFC Ombudsman by post/fax/hand delivery. You ca ...ReadMore
