icon Debt recovery - My uncle had to give 50000 by Court decree

My uncle had to give 50,000 by Court decree to his 1st wife. That time he was helpless and about to go to jail. By his humble request, my mother helped him to get debt by standing as a surity. He writ


A. In my opinion ma'am, you can file for a case, but there is no sureity how long the case can go on, and you might be able to get back all the expenses, but there is not sureity again.

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icon LOAN APP HARASSMENT

I took a small loan of 10 k and it was due on the 20th of September 2022 ... however the agents started calling me today from Morning.. they were harassing me to pay thr loan I told them the Due date


A. There are numerous cases of the oppressive and illegal conduct of recovery agents attempting to recover pending dues for the banks' benefit. In the past few years there have been many such instances, to showcase an example, an 81-year-old woman was seriously threatened by recovery agents, she got 375 threatening calls concerning her child's unpaid bank dues. After that, she moved to the police, and a case was filed against these agents. Another incident quoted as per media reports stated that a ...ReadMore

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icon Harassment - my father had taken a loan of 50k

Hello my father had taken a loan of 50k from one of the employees of a showroom working opposite to his shop...due to COVID his business was low and was not able to pay the rent hence he took the loan


A. In my humble suggestion, you should lodge an FIR against the person for threatening and harassing your father before the local police station.

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icon Recovery agents harassing and abusing random relatives

What to do if recovery agents are misusing your contact details? I went to local police station but the refused to file a complaint stating that pay your debt and get away from these recovery agents.


A. Dear Sir,
Remedies against harassment by Recovery Agents
Written By : Kishan Dutt Kalaskar Retired Judge

There are numerous cases of the oppressive and illegal conduct of recovery agents attempting to recover pending dues for the banks' benefit. In the past few years there have been many such instances, to showcase an example, an 81-year-old woman was seriously threatened by recovery agents, she got 375 threatening calls concerning her child's unpaid bank dues. After that, she moved to the poli ...ReadMore

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icon CREDIT CARD - have pending due since few years with ABN AMRO

I had have pending due since few years with ABN AMRO and Barclays for credit cards. BUt Now I am getting SMS and calls from Kotak Bank PHOENIX ARC Agency. They sneding msgs like this : This is to Inf


A. Dear Sir,

Remedies against harassment by Recovery Agents
February 18, 2021
Written By : Kishan Dutt Kalaskar Retired Judge
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There are numerous cases of the oppressive and illegal conduct of recovery agents attempting to recover pending dues for the banks' benefit. In the past few years there have been many such instances, to showcase an example, an 81-year-old woman was seriously threatened by recovery agents, she got 375 threatening calls concerning her child's unp ...ReadMore

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icon Complaint Against NBFC

I have availed of an OD facility from an NBFC from which I did not even utilise a single penny. In fact, six months after sanction, they disbursed the whole amount without any intimation and I returne


A. Dear Sir,
You may go to Banking Ombudsman or directly go to High Court and get appropriate directions to the concerned financial institution to close your loan account with retrospective effect.

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icon Money given to friend by me taking loan

Hi sir I have taken loan from bank and given to my friend (transferred to his bank a/c).I have took wrong decision by making his words listened.now he is absconding I don't have any promisery notes


A. Dear Sir,
You have a weak case anyhow you may first try to get post dated cheque at least otherwise it is very difficult for you to file a civil suit and recover such amount.

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icon Finance Dealing-given money to one of my friends

I had given money to one of my friends more than 2 years back. Every time I send him whats app message he keeps telling me that he will definitely return. When he asked the money he told me that the w


A. Dear Sir,
Nicely you may take atleast post dated cheque which is easiest method to recover the amount otherwise if you go in civil way you have to wait for years together.

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icon Money stuck with a guy using my credit card

A known guy in my area asked me for help as i used to know him from long time. he used the card and returned only 55% of the monies that too in bits and pieces. He has now stopped paying me back. i ha


A. Dear Client
You need to send him a legal notice through an advocate to him asking for the rest of the money to be paid alongwith some compensation for the suffering that you have undergone.

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icon Reliance asset recovery is calling me for credit card bill

Reliance asset recovery is calling me for credit card bill which I did not received or used and they say I need to pay . I have other credit cards and I use it and pay on time but I ne we receive the


A. Dear Client,

You may send them a legal notice and also approach bank as several banks doing the same thing and recovering card fees and renewal fees.

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