Credit card debt more than 10 years
Credit card debt more than 10 years
I have rec'd an arbitration notice from a lawyer for a debt which is more than 10 years old. I have asked the authorities to send me the statement of account over phone calls, but they have not oblige
9 months ago
A. Dear client,
The suit for the recovery of money has to be filed within three years from the date of borrowing so in your case the debt is barred by limitation so they can't recover the amount.
Credit card harrasment
There is a credit overlimit on my credit card of about rs. 600/- with Indus ind bank & their recovery agents are calling me day night despite the fact that the credit card bill payment date is not ela
9 months ago
A. Dear Client,
In the prevailing situation, you should bring the matter before the GRO of the concerned Bank and simultaneously file a complaint online to the Grievance portal of RBI for harassment by recovery agents for non-payment of credit cards outstanding for a meager amount of Rs.600/- only. But be careful, in case of default in repayment of dues continues for more than 3 months, then the debt may be termed as NPA affecting your CIBIL record. So, negotiate the matter with the Bank at the ea ...ReadMore
Money Recovery from MY Friend
I have given 10Lakhs to My Ex-colleague Via NEFT .This I have given to him to buy House as A Friendship Help. Infact I have given by Taking PL in one of the bank ,My Friend Promised that He will pay E
9 months ago
A. Dear Client,
From the contents of your query, it appears that for lack of evidence to prove that the transaction of money between you and your friend is made as a loan by taking a personal loan from a Bank for the said purpose on the basis of NEFT records or WhatsApp chat that does not corroborate your claim, recovery of outstanding loan from your friend is almost appears to be impossible even through litigation. So when you availed the loan in your name from the Bank, you are liable to repay th ...ReadMore
Taking signature on empty bond paper
Is taking signature on empty bond paper valid
9 months ago
A. Dear client,
You should never sign on an empty bond paper. Such bond paper is not a valid document in the eyes of law
Overdue loan
I am unable to pay my loan they are threatening me and my family what should I do .??
9 months ago
A. Dear client,
You can go to the police station and file a complaint against the recovery agent under relevant sections of the IPC. You can file a complaint under section 503 IPC that deals with criminal intimidation. If the police does not provide adequate assistance, you can file a civil injunction in court. This can allow you to get interim relief from the bank and seek compensation for the abuse
MONEY LENT TO A GIRL WHO IS NOT RETURNING & IS NOW GIVING THREATS AND BLACKMAIL
I had lent money to a girl that I had befriended over social media. However she turned out to be a scammer and is refusing to pay me back my hard earned money. She has threatened to file a fake harass
9 months ago
A. Dear client,
Please file a complaint under section 420 IPC for cheating. You can file a civil suit alternatively in a competent civil court for recovering your money
Money matter
A person who is working in Indian Navy a online friend of mine had taken money from me saying his father had to undergo some heart related surgery now he is avoiding my calls msgs currently no contact
9 months ago
A. Hello Client,
You may lodge a complaint against your friend at your local police station.
You may also send him a legal notice to recover your money if you know his permanent residential address.
Thanks & Regards
Debt collection calls
Hi Sir/madam, Due to very serious financial hardship iam not able to pay the EMI form last 1 month and this might continue for other 3-4 months. I have already communicated to the banks through email.
9 months ago
A. Dear Client,
A loan is termed NPA typically after 3 missed EMis (i.e. three months of not repaying on loan). You need to approach the concerned Bank/NBFC, because your query completely depends upon the discretion of the concerned NBFC/Bank from where you avail the loan. Usually, Bank did not allow such requests of borrowers on the ground of their inability for any reason including personal constraints which is contrary to the general terms and conditions of a loan agreement and the standing rul ...ReadMore
Loan not able to pay
I have took online loan 5 applications one credit card due to my financial situation i can't pay my loan I need 1yr or 2yr time
9 months ago
A. Dear client,
Review your financial situation: Assess your income, expenses, and debts to get a clear picture of your financial situation. Create a budget to better manage your finances and identify areas where you can cut expenses or increase income.
Contact your lenders: Reach out to your lenders or credit card companies and explain your current financial difficulties. In some cases, they may be willing to work with you to establish a more manageable repayment plan. They may be open to extend ...ReadMore
Credit card Outstanding overdue
Can i settled my credit card outstanding amount while card has been Write off ?
9 months ago
A. Dear client,
If your credit card has been written off by the bank or credit card issuer, it means that they have determined the outstanding amount as uncollectible and have closed the account. In such cases, you may still have the option to settle the outstanding amount, but it will depend on the policies and procedures of the bank or credit card issuer. Here are some steps you can take:
Contact the bank or credit card issuer: Reach out to the bank or credit card issuer to inquire about the po ...ReadMore
