Legal notice from moneyview company
Sir I lost my job on feb, 2022, that's why unable to personal loan, but this company send me notice in 20 days, I already told them I lost my job will give you your all amount soon but, they have send
2 years ago
A. Dear Sir,
Remedies against harassment by Recovery Agents
February 18, 2021
Written By : Kishan Dutt Kalaskar Retired Judge
Leave a Comment
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. ...ReadMore
Default business payments collection
We are looking to recover our payments against invoices for atleast four parties.
2 years ago
A. File a summary suit if there is any written contract or otherwise civil suit for money recovery. But issue a legal notice to the other side claiming your amount and if they don't comply or don't reply in 15 days of receipt of the notice then proceed legally in the civil Court of your concerned jurisdictional area where you reside or conduct business from. Thank you.
Vaidehi Samant
Regarding money issue - friend owes me 2lakhs
One of my friend owes me 2lakhs, it is been nearly one year and he did not return still. When I am asking, he is saying me to wait as it takes time to get money. He is saying some or the other reason
2 years ago
A. Dear Client
You can send a legal notice without a Lawyer, but it is advisable to hire a lawyer as professional writing skills and legal language makes a Notice very effective. The charges ranges from 1200-1 lakh.
Thanks
Regards
Debt collection for foreign bank
I would like to seek some clarity on debt collection 1.Can a foreign bank do debt recovery thru Indian debt collection agency ? 2.If this is legal under which section the debt collection agency shoul
2 years ago
A. Dear Client
NO, Any international debt collected in India must be paid directly to the original creditor. Another specific debt collection law that exists in India is that a statute of limitations of three years is placed on any outstanding debt.The banks can only proceed against the defaulters legally, the court said.
Thanks
Regards
Not returning money - 50000rs
I have given 50,000rs to my colleague in nov 2021. He said he will give back 3-4 days. But now it almost 4 month and not given back. Not picking up my calls.
2 years ago
A. Dear Client,
The lender can file a civil suit for recovering the money he owed through promissory note or loan agreement. He can do so under Order 37 of CPC which allows the lender to file a summary suit. He can file this suit in any high court, City Civil Court, Magistrate Court, Small Causes Court.
Thankyou
HDFC Credit card Payment
Hi Team, I have swiped my HDFC Credit card for about Rs.140000/- five years back and i am repaying the minimum charges for the last five years. But now a days, HDFC credit card collection agents are c
2 years ago
A. Dear Client,
As a borrower, you have many rights such as the Right to Humane treatment, right to balance proceeds, right to fair valuation of assets, right to adequate notice, credit counseling, and public assistance.
Hope this clarifies your query.
Thank you!
Payment for Overdue of Mortgage loan
I have an EMI overdue of Rs. 75,000 (total amount of 3 EMIs). Is it valid if I clear it by 30/03/2022? The bank Manager says if not paid by 21/02/2022 they will auction my house in 15 days and recove
2 years ago
A. Dear Client,
As per the facts mentioned, you can approach the high court and get a stay order stating your situation and ability to pay in a little more time.
SBI credit card recovery harassment
Due to financial issue,it's been 7months I can't able to pay emi's. Recovery agents are visiting home every 1 or 2 days.one guy from SBI collection department telling me that I call tell everyone (n
2 years ago
A. Dear Sir,
Remedies against harassment by Recovery Agents
February 18, 2021
Written By : Kishan Dutt Kalaskar Retired Judge
Leave a Comment
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 d ...ReadMore
To borrow money on the pretext of giving a loan
How to get full loan amount back
2 years ago
A. Dear Client,
You can file a money recovery suit for the recovery of money. But first, you have to send a legal notice borrower if he/she does not return the money then you can file a recovery suit.
Thank you
Jagannath S Pawar
Collection Executive Harassment
I have lost my job and unable to pay emi hence asked for settlement but Collection Team Senior Manager is talking and harassing with illegal words with my parents
2 years ago
A. Dear Sir,
You may file record the same and file a defamation case.
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Remedies against harassment by Recovery Agents
February 18, 2021
Written By : Kishan Dutt Kalaskar Retired Judge
Leave a Comment
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 ser ...ReadMore