Money matter
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
Money not returned since 1 year
One of my ex colleague who later on became my friend asked for money of Rs.15,150. And I have transfered the said amount through credit card on 1st August 2022. I gave him upon his request and assuran
9 months ago
A. Dear client,
Please send a legal notice to the borrower. If that doesn't work out, please file a civil suit for recovering the money
Loan recovery - I have loan to a women in India
I have loan to a women in India, she has no properties on her name. She is saying that her daughter will repay her loan, meanwhile her daughter in foreign is not responding. What I am supposed to do
9 months ago
A. Dear client,
You may take legal recourse to recover the money for which firstly legal notice would be issued by your advocate and thereafter, a civil suit for recovery of due amount with interest would be filed on your behalf
Received a legal notice
I received a legal notice from attorney arreness for deposit the loan amount in mobikwik app , which was deposited by me after sometime with help of customer care with settlement but after sometime th
9 months ago
A. Dear Client,
Once a debt is written off and the loan account is closed through a bipartite settlement arrived at between the Lender and borrower, it cannot be reopened demanding dues against the said foreclosed loan account. So reach out to an Advocate and show him the legal notice received and after going through the contents and reason behind the legal notice, he may suggest to you the next course of action required if any, in the matter.
Sbi credit card recovery harassment
Dear sir sbi credit card recovery agent's call my office and my friend and family i don't know how they are collected all contact number. 150 calls a day.
9 months ago
A. Dear client,
If the agent is harassing you, keep track of all calls, emails, and SMS from the recovery agent. This will help you to document the harassment and prove that it is happening. For immediate relief, you can go to the police station and file a complaint. This must be the first step before taking more drastic action.
Educational loan Waived off
My friend had taken an educational loan in 2006 from corporate bank in Kerala. And he has not paid one EMI ever. Then the corporate bank has been taken over by another private bank. But now after 17
9 months ago
A. Dear Client,
A debt cannot be waived automatically by the passes of time until and unless it is repaid by the Borrower and can not refrain the lender from taking action against the borrower being barred by limitation. Applying the concept of continuing cause of action under Section 13(4) of the SARFAESI Act, 2002 and the limitation available for challenging the said measures under Section 17 of the said Act before the Debts Recovery Tribunal (hereinafter “DRT”), Lender or secured creditor ma ...ReadMore
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
9 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.
