Sbi credit card recovery harassment
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.
10 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
10 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
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.
sarfasi act
what the flows for 13(2) and 13(4) notices which can help to borrower
10 months ago
A. Dear Sir,
The said provisions are very serious in nature and empowers the Bankers. If such notice is issued to you approach Debt Recovery Tribunal and try to get a stay order.
My debtor becomes insolvent
My one of debtor didn't pay my 40000 ruppees and inspite of that they used to bulling and harrassing me..
10 months ago
A. Dear Sir,
You may approach the Police and lodge a complaint and request them to register FIR and also request them to get amount recovered or atleast a blank signed cheque.
A. Dear Client,
Here are a few ways to settle credit card debts and loans-
Make a note of all the debts to be paid. ...
Prioritizing. ...
Paying the card bill with the least balance. ...
Getting a credit card with low APR. ...
Taking a loan to pay off credit card debts. ...
Converting outstanding bill to EMIs. ...
Paying off your bills on a regular basis.
Saving a percentage of your monthly income to pay off these loans
Not spending extravagantly on luxuries
Cutting down on unnecessary expenditur ...ReadMore
I had an unsecured personal loan disbursed in Oct 2018
I had an unsecured personal loan disbursed in Oct 2018. Continued payments were made until May 2020 post which could not continue paying due to covid+job loss scenarios. Last emi payment done was on 2
10 months ago
A. Dear Client,
Once a loan is not repaid by the borrower for the reason whatsoever, it is treated as NPA. Accordingly, Bank sends notice to Borrower asking him for repayment of entire dues lying against your loan offering sutiable terms. In absence of any response for the Borrower, they started the routine process of action permitted under relevant laws for recovery of debt lying outstanding against you. You can pray for some more time to settle the dues but cannot escape yourself from your liabi ...ReadMore
Loan repayment
Sir...I taken a loan of 10000rs from Pocketly ,but I couldn't pay back due to some financial issues.I taken loans from some fake Chinese loans apps also ,they harassed and black meeled me a lot and lo
10 months ago
A. In case of non-payment of dues against loan, loan sanctioning authority may legal action against you for recovery of dues through Court and you have to face legal consequences apart from other harassment.
Reach out to an Advocate for guidance and steps.
Harassment from recovery agents
I had taken a payday loan from an NBFC and was not able to pay in time. Now they are threatening me saying that they will be sending recovery agents to my residence and sit at my home till the amount
10 months ago
A. Hello,
Legal Remedies available to defaulter in the case of harassment by recovery agents:
--Filing a complaint at the police station:
A proper complaint should be filed against the Bank and the recovery office. However, if the police do not file a complaint, the magistrate can be approached.
--An injunction suit against the bank and recovery agents:
A civil injunction suit with an ad-interim relief can be filed in the civil court against the bank and recovery organization. It should be possi ...ReadMore
Harassment by threatening from recovery agent
Dear Sir, I took some amount from 2/3 lenders through online apps. Now from yesterday somebody is sending arrest warrant, court notice etc keeping the name of lending company suppressed through whatsa
11 months ago
A. Hi client,
Let an advocate check that whether the summons or arrest warrant you are receiving, are genuine or fake.If you have taken some loan from anywhere you have to pay it back and the lender has all their rights to ask it back , in the legal way.
Contact an advocate to check the documents and guide you further.
Thanks and Regards
Simi Paul
