My loan repayment from a private lender is delayed by my side.
My loan repayment from a private lender is delayed by my side.
I borrowed 4 lakhs from a mutual friend, on a monthly 10% interest, for trading purpose, for 3 months. I paid the interest for 4 months to different accounts as asked by the lender. In the meantime, t
6 months ago
A. Dear Sir,
You may lodge multiple complaints and save yourself because there are doing illegal money lending business which cannot be approved by the Police and the Courts.
Legal Consultation Regarding Committee Money Dispute
I am writing to seek your legal advice and guidance regarding a complex situation my family is currently facing.In 2020, my father passed away, and I have been residing in Australia since 2019. He was
6 months ago
A. Dear Sir,
If they filed false case then you just approach the High Court for quashing of such FIR and ultimately it will be quashed. In the meantime you can lodge complaint with Police or else directly file private complaint before the Magistrate.
Debt collection
Can a two wheeler siezed by financer in just 1 emi bounce
7 months ago
A. Dear Sir,
That is happening in the society and nobody is there to check such illegalities. The borrowers simply sign all the documents without going through the conditions. Normally, such condition will be there to seize the vehicle even if one EMI is not paid.
Zest money loan
My father who took out a loan in zest money unfortunately passed away so does that make me his son liable to pay the loan ?
7 months ago
A. Dear Client,
After the death of the borrower, the lender may initiate the process to recover the unpaid amount from the assets of the loan receiver. In such cases, the bank may even reach out to the legal heir to recover the dues. If the legal heirs inherit any assets from the deceased person, they are obligated to repay the obligation. Legal heirs are solely accountable to the degree that they receive any assets from the deceased borrower. The Karnataka High Court has ruled out in a judgment th ...ReadMore
Relative asking for money s/he had donated us 2 years ago
2 years ago in 2021. My father had died from COVID, after his death one of of relative might have felt bad and asked for my bank account, s/he then transferred 1 lakh to the said account. Now after 2
7 months ago
A. Dear client,
If your relative had felt bad and given you the money, it could have been considered a gift.
Therefore, if there was no undue influence or fraud from your end, it can very well be contested that the gift need not be returned
Mental torture from private finance
My father lend money rs.3 lakh for business activities private finance.he paid his monthly EMI correctly .but last month my father had an road accident and severly wounded in head also had an brain su
7 months ago
A. Dear Sir,
You have to settle the matter amicably or ask the financial to approach Civil Court by filing money recovery suit. You may lodge a complaint with Police as private finance company unnecessarily forcing you illegally.
Harrassment for delay in interest payment for a couple of days
I borrowed money from a lender which was known by my friend. From 4 years i am paying interest every month and if sometimes there is a delay for couple of days they are harrasing like a hell. Please t
8 months ago
A. Dear client,
The offence of money laundering is punishable under Section 4 of the Prevention of Money Laundering Act. It states that anyone found guilty of money laundering faces a three-year prison sentence, which can be increased to seven years, as well as a fine. Sections 48 and 49 of the Act authorise personnel of the Directorate of Enforcement to examine cases of money laundering that are reported to them. If you are experiencing harassment as a result of a lender's toxic behaviour, you may ...ReadMore
Advance Amount Refund Purpose
I joined in a PG , when I joining the PG I paid one Month rent Amount 6,000/-and advance 2,000/- total 8,000/- rupees on 13th July 2023 , in Joining Date PG owner Said if You want your adavance amoun
8 months ago
A. Dear Sir,
As a prudent person you should not have vacated the PG Centre till your advance is repaid. If you have documents to evidence that you have paid advance amount then you can approach the Police or directly approach the landlord for refund of your amount.
Cheated by known person
A known person took money from for some product. But neither he gave me those product or return the money. What should I do to get my money back
8 months ago
A. Dear Sir,
You may nicely take postdated cheque and then file cheque bounce case. If not approach the Police and get such cheque or registered FIR.
Money from friend
My friend took 960000 from me in 4-5 instalments. All transactions are done between my account and his online transfer and UPI. In 2.5 years he has managed to return only 420000. They are not returnin
10 months ago
A. Dear Client,
Online transaction of funds between the parties does not reveal the purpose of the transaction in the absence of any authentic documents like an agreement of loan, promissory note etc. behind such financial transaction. So, Any legal action bereft of any merit in your claim may not resolve the issue at all. However, you may consult with an Advocate for guidance and steps.
