icon Even after the DRT judgement payment not done to the bank

I had won the bidding property. But later the owner of the property filed a case in DRT and then reached out to me requesting to withdraw the ownership of the property by not registering it, as it is


A. Dear Sir,
You may file contempt case in the DRT since the other side playing with you under the garb of emotions towards the property.

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icon Guarentors pension loan gets attached after his death?

My father has died 4 months ago, he was a pensioner and has taken the pension loan, we have informed it to the bank and my mom gets family pension and we are paying my fathers personal loan EMI regula


A. Dear client,
If your father has signed as a guarantor for that person's loan, he shall be liable to pay for it. From the bank's point of view and the generally accepted norms, the death of a guarantor does not extinguish his liabilities. The amount in default by the borrower is essentially the responsibility of your late father also, to repay. Hence as a legal heir, you inherit the assets as well as the liabilities of your father.
The bank will attach the loan to your father's account when the ...ReadMore

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icon Harassment - the private finance company

If the private finace company sends muscleman and lady bouncer as well to our home for harassment what can be done


A. Dear client,
Legal Remedies available to defaulter in the case of harassment by recovery agents:
1. 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.

2. 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 ...ReadMore

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icon Successor certificate

Who is the successor of married son having no children


A. Dear client,
It depends upon what religion you belong to and the laws you are being governed by.
If you are a Hindu,
Class-II of the Hindu Succession Act will apply in the absence of Class-I heirs. According to this Act, family members, including wife and relatives, can claim a deceased person’s property. In this case, relatives in higher proceedings can get the complete right to a deceased person’s property. But, if no one is available in this category, then the property of a deceased pers ...ReadMore

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icon Complaints for torture and harrasment by HDFC Bank customer care representative

Good afternoon sir/Madam, I have taken a credit card from HDFC Bank applying online in the year 2019 with alimit of rs 25000/- I had paid monthly emi still January 2020 but due to corona virus I had


A. Dear Client, Once the EMI against a loan is not repaid for consecutive 3 times by the borrower for any reason whatsoever, it is treated as NPA and starts the routine process of action prescribed under relevant laws for recovery of debt lying outstanding against the Borrower. You can make a prayer to the Bank for some more time to settle the dues but cannot escape yourself from your liability of repayment of your loan for any reason whatsoever. You can try to negotiate a debt settlement on your ...ReadMore

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icon Need some time to pay my emi regularly

I took a mortgage loan in Jan 2019 of Rs 12 lakhs for expansion of my business, just before COVID 19 hit. When the second wave of COVID hit the same lender provided me an option of a second loan 2.5 l


A. Dear Client,

You will have to repay the loan you took but the following are few ways to help yourself in this situation.

Right to humane treatment
Lenders do engage recovery agents to pressurize borrowers into repaying their loans. However, the agents cannot cross the line that banks have agreed upon as part of their code of commitment to customers. These third-parties can contact defaulters either at a place specified by the latter, residence or workplace. Moreover, they can make such visits ...ReadMore

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icon Loan recovery agents abuse

I took a loan from online Bharath pay and i could not repay back due to financial problems and they are threatening me to pay back and telling they will seize the machines


A. Dear Client,

You are liable to pay the loan back and the bank may take the measure of selling your assets you took the loan for to earn their dues back. Please try contacting a lawyer near you to understand what else you can do in this situation.

Thank you so much, I hope this answer helped you.

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icon Unable to pay Personal loan

I'm unable to pay my personal loan EMI after covid. I have personal loan insurance taken when loan disbursement from the bank. Can I claim for it as I really cannot pay back?


A. Dear client,
Loan insurance is where like any other insurance, you pay a premium to cover your loan. The premium can be paid on a monthly basis or as a lumpsum. This will typically depend on the loan amount, your age and health status, as well as the loan tenure. Personal loan insurance will protect you and most importantly, your family from such unforeseen circumstances. So, yes you can claim it if you cannot pay the EMIs. Enquire with the loan company for more details.

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icon Sc st attrocity case on insolvent

Can a creditor place false sc st attrocity case on Insolvent?


A. Dear client,
If with the motive of taking personal vengeance, a fake atrocity case has been filed under the SC/ST Act against you, you can file a writ petition for infringing your rights under Art 32 of the Indian Constitution. You can also file a defamation case under section 499/500 of the Indian Penal Code when SC/ST threatens to file a fake atrocity case against you.

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icon Friend not returning borrowed amount and giving false deadlines

I lent 80k around January 2022 to a friend who requested for the help on the pretext of family issue. At told me that he will payback the amount as 10k at the end of each month and will clear the comp


A. Dear client,
The period of limitation for the recovery of debt is 3 years. The period of limitation runs from the date on which the debt was supposed to be paid back (in your case, may 2022). You can file a money suit under Order 37 of the Civil Procedure Code, but to tell you the truth, it is a long process, and might take years, unless you have a decent and trusted advocate on your side.
Kindly verify the pecuniary jurisdiction of the courts in your state, before filing the claim.
As it is Rs ...ReadMore

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