I have borrowed loan from Paytm postpaid and not ale to pay due
I have borrowed loan from Paytm postpaid and not ale to pay due
I have borrowed loan from Paytm postpaid and not ale to pay due to some fiancial loss and Medical emergency . Now the person from paytm is saying he is from legal department and will call my HR and th
4 months ago
A. Dear Client,
Lenders are not legally obliged to settle a debt lowering your outstanding debt, but because they want to protect their bottom line, they may agree to a debt settlement to avoid further financial loss. You can try to negotiate a debt settlement on your own if your pocket permits to repay the entire outstanding at a time for one-time settlement of dues, but sometimes it's typically done through third parties like debt relief companies, which you may hire to negotiate the settlement ...ReadMore
Can police take pictures of yours without warrant
Can a police take pictures of someone and invade their property without warrant and fir just because directed by someone from their own department?
4 months ago
A. Dear Client,
Typically, a police officer needs a warrant to enter a private property and conduct searches or seize items. However, there are certain exceptions to this requirement, such as situations where there is imminent danger, hot pursuit, or if the person gives consent. Taking pictures of someone or entering private property without a warrant or a valid legal justification may violate an individual's right to privacy. The police generally cannot conduct searches or seize property without p ...ReadMore
Loan recovery agen calling my friend and relatives
Loan recovery agen calling my friend and relatives and harrassing them to pay loan and one of my friend fight with me because agent calling him every time and frustrated
5 months ago
A. Dear client,
In the case of Magma Fincorp Ltd. v. Rajesh Kumar Tiwari, (2020) 10 SCC 399, the Supreme Court had “banned taking over possession by recourse to physical violence, assault and/or criminal intimidation by deploying recovery agents by the lender unless they obtained appropriate order in accordance with law and such orders were required to be executed only in accordance with the law. The regulatory authority RBI has strictly prohibited the use of abusive language, intimidation, or an ...ReadMore
I am stuck in huge debts in the form of EMIs
I'm stucked in huge debts in the form of EMIs and some from friends and colleagues. Unfortunately I failed to pay them. Those got serious issues for me and I lost my employment as well. I lost everyth
5 months ago
A. Dear Client,
Lenders are not legally obliged to settle a debt lowering your outstanding debt, but because they want to protect their bottom line, they may agree to a debt settlement to avoid further financial loss. You can try to negotiate a debt settlement on your own if your pocket permits to repay the entire outstanding at a time for one-time settlement of dues, but sometimes it's typically done through third parties like debt relief companies, which you may hire to negotiate the settlement ...ReadMore
Money fraud
My brother gave 100000 Rs to his friend as in friendship and don't have any documents regarding it, and after two years of waiting the friend who received money he is not giving back and scolding and
5 months ago
A. Dear Client,
As per law, you can recover the said amount on loan from your friend within 3 years from the date of payment. Engage a lawyer and file a recovery suit if you have any proof by which you can establish in court that you lent him money. If you don't have any proof, try to collect one by any means, videography, text messaging, telephonic conversation etc. Just make him say that he took money from you.
Car loan
I have car loan with Bajaj finserv . And my EMI is bounced 4 days ago , and I have received "Asset verification notice " from Bajaj finserv, and they have told to come to Bajaj office within 4 days ,
5 months ago
A. Dear Client, In the prevailing situation, you may negotiate or settle your dues against loans by following the steps like lowering your interest rate, arranging for a reduced interest rate is one of the most common requests a defaulter borrower can make to the Lender, creating or restructuring a repayment plan or extending the tenure of repayment of a loan, looking for debt forgiveness. considering loan consolidation, offering a one-time settlement payment. Following these steps, you may write a ...ReadMore
Car loan.
Sir , I have car loan with Bajaj finance , And right now I am unable to pay EMI, Emi get bounced 4 days Ago, and today I have received Asset verification notice , what to do now.. ? They have said
5 months ago
A. Dear Client,
In the prevailing situation, you may negotiate or settle your dues against loans by following the steps like lowering your interest rate, arranging for a reduced interest rate is one of the most common requests a defaulter borrower can make to the Bank, creating or restructuring a repayment plan or extending the tenure of repayment of a loan, looking for debt forgiveness. considering loan consolidation, offering a one-time settlement payment. Following these steps, you may write an ...ReadMore
HDB Financial Service Mortgage Loan
Its regarding the Mortgage loan of Rs.12 Lacs where my father received from HDB financial services on 2016 under my brother name of XXX woodworks small shop which is in main road side(not a registered
5 months ago
A. Dear Sir,
If the property exclusively belongs to your father then the children cannot file any suit and cannot get any stay on such recovery proceedings or selling the mortgaged property.
Money fraud
Can i grt my money back? I have lended rupees 5900 to a friend and he hasn’t Returned it back. I have called him many times but he always gives excuses. I’m not able to do anything because I live
5 months ago
A. Dear Client,
In the absence of documentation supporting lending your money to the concerned person, you may not be able to recover the money you lend to your friend even through litigation. However, you can take a chance serving a legal notice to your friend.
Education Loan
I am writing to bring to your attention a matter of utmost concern regarding the harassment and lack of action on the part of Canara Bank Regional Office vellore in the matter of my education loan rep
5 months ago
A. Dear Client,
In the prevailing situation, make a written complaint over alleged harassment by the recovery agents for non-payment of the outstanding loan to the concerned lender that sanctioned your education loan which was already repaid by you, and file an online complaint for the same cause of action to the Grievance Cell of RBI in the web link: https://cms.rbi.org.in/cms or contact RBI Toll-Free Number 14448 and lodge a complaint over alleged harassment by recovery agents of the concerned l ...ReadMore
