Mehtab
Mehtab
I borrowed 18 lakh rupees from one private lender on 3% interest and paid interest for almost 2 years and now am unable to pay the interest and amount. He us threatening that he will file case in poli
3 years ago
A. Why did you borrowed 18 lakh rupees from one private lender on 3% interest ? What did you do of that money? That too without any documents is very nice... Give some such money to others also.. As he has no documents he may manage to make any documents as Rs.18 is a very large amount... Don't take him for granted...as things may turn bitter on the other side.. Try to settle it amicably.....& close off the issue.
If you realize my professional skills, the time & efforts put in by me needs to be t ...ReadMore
Repayment
My ex had given me gifts when we were together. Now she is asking me to pay back the monetary value of those gifts amounting to Rs. 10,000. I am a student and have no stable source of income. Am I und
3 years ago
A. Hi, if it is gift it is always free don't worry.
Pankaj Kumar Srivastava
LOAN RECOVERY HYDERABAD
I HAVE GIVEN LOAN 400000 TO ONE PERSON DTD 02.10.2018, ,100 RS BOND PAPER ALSO SIGNED,IN BOND PAPER INTREST NOT MENTIONED IN THE BOND PAPER,AND 2 CHEQUES ALSO TAKEN,AND ONE PROMISORY NOTE ALSO WRITTEN
3 years ago
A. Hi, send him a legal notice with lawyer help all other steps will come later.
Pankaj Kumar Srivastava
Suneel Moudgil
Debts
I have taken chits and private finance on interest now at present i don't have income, what is better to go for insolvency or can i get time upto 3 years to clear all dues.
3 years ago
A. Insolvency involves lot of expenditure it is advisable if your liability are more than 10 lakhs. Let them go to the court. you will get much time.
If my answer is helpful to you then please give my FIVE STAR
Money lending on 10 percent interest per lonth
I had taken 1 lakh from sumone and he is asking me 10 percent interest for one month which is troublig me. And he is harassing me if I do not pay him the interest on time. What should I do ?? Is 10 Pe
3 years ago
A. I have gone through your query in detail.
1) You are a Victim of Private Financer. You are paying 10% Monthly for 1 lakhs is exorbitant charges. You seem to be a educated person then too you have taken a loan @10% monthly is quiet surprising.
2) Due to the lockdown situation even the financial institutions such as banks and NBFC have relax the norms for repayment of the loans and other installments. This person is pressurizing you for money make sure that you record all his/her calls and SMS.
...ReadMore
Achintya Kr Mandal
recovery agent harassment day by day
unable to pay credit card dues payment
3 years ago
A. Dear Sir,
Please get issue a legal notice on the basis of following judgment.
Please give me Rank 5 if you feel my answer helped 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 institutions that we live in a civilised country and are governed ...ReadMore
Rameshwar Dadhe
how to increase rent of my property which tenanted by govt. office
my property is in Pauri Garhwal city, Uttarahand, It is rented by the govt. department for more than last 10 years. But the rent which I receiving by the office. is not according to rented circled rat
3 years ago
A. Get issue a legal notice then approach High Court directly and you will get favorable orders on technical grounds.
SHAIKH IRFAN KHAMAR SHAIKH
Best way to secure an unsecured loan - party is ready for legal agreement
I have given around 60Lakh to my friend on mutual understanding for his business (1 year ago). He suppose settle my money march 2020 but recently he had huge losses in his business so asks for more ti
3 years ago
A. Hi client,
As the amount is a huge one. You should have an agreement for sale or at least an MOU done . It is better that you consult an advocate immediately.
Thanks and Regards
Adv. Sarika Khude
Ayantika Mondal @ Prime Legal
Suneel Moudgil
Can i get a loan by giving my firm's bad debts or debts as collateral ?
Hi, Can my firm take a loan from any individual, firm or bank by giving my firm's debt as collateral security . I sell goods & give emi option to my clients, i think, the installments which are to be
3 years ago
A. you sell goods and also provide EMI options to your clients, the EMI's payable by clients are called Receivables.
You can approach any bank and ask for loan facility
Adv. Sarika Khude
Kya mai aise aadmi se loan le sakta hu jo registered money lender nahi hai ?
Aise aadmi se loan lene ke liye koi limit hoti hai kya ya unlimited le sakta hu ? Aur agar registered money lender se lu toh limit hogi ya unlimited ? Har state me iske alag alag niyam hote hai kya ?
4 years ago
A. Dear Madam/Sir,
Never give blank cheque if you take loan either from registered money lender or unregistered money lender. The only suggestion if not so in urgency not to raise loan. If raised not to fear to their threatening. They cannot recover that easy. Enjoy the fruits of loan.
Rameshwar Dadhe
Ayantika Mondal @ Prime Legal
