Unable to pay Personal loan
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?
1 year ago
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.
Sc st attrocity case on insolvent
Can a creditor place false sc st attrocity case on Insolvent?
1 year ago
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.
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
1 year ago
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
Refunds of money on false complaint
Sir some filed an complaint against me he send 14000.00 of items with me and i have lost the items in train. he file a complete against me and ask for same amount to pay.
1 year ago
A. Dear client,
1. Gather any physical evidence and documents that prove that you have not received the items.
2. As it's a legal complaint, you have to reply to it according to the law. So, hire a lawyer to do the same.
3. If the court feels it fit, it will dismiss the case.
Legal Advice Summons issued by Debt recovery tribunal, vishakhapatnam
Summons issued by Debt recovery tribunal, vishakhapatnam
1 year ago
A. Dear Client
Whenever you receive a notice or summon from a court or tribunal the thumb rule is that you need to engage a lawyer to represent you in that court or else the court will pass an ex parte order against you.
Bike loan - sanctioned
I had applied for a bike loan and it was sanctioned, but i never received the bike. I kept informing the bank about the same but no action was taken. Now they put it on my cibil report.
1 year ago
A. Dear Client,
It's unfortunate that you are facing this situation. In cases like this, it's crucial to take proactive steps to address the issue. Firstly, gather all communication records with the bank regarding the loan and your attempts to inform them about not receiving the bike. Then, reach out to the bank once again, preferably in writing, explaining the situation and providing evidence of your attempts to resolve the matter. Request them to rectify the error on your CIBIL report, emphasizin ...ReadMore
Friend forcing to pay money back even after I promised a date.
A friend lent me 11k in parts and some of the amount being as help/crowdfunding for rent paying in 2nd lockdown. I have been unable to pay the amount back as I was facing issues with getting salary fr
1 year ago
A. Dear Client
She trying to file a police/criminal case for lending money to you will not stand chance in the court of law unless you have defrauded her which is not the case here. The police might not even entertain her. But yes she can always file a civil case to recover her money that was lent to you.
Chit funds
Hai sir/ madam i am karthik from erode,tamilnadu actually we taken a chit amount from chit funds moreover we paid 15 auction amount but unfortunately we loss our business and able to pay the remaining
1 year ago
A. Kindly write them a letter requesting for grant of extra time and intimate them about your financial crisis... If your company is bankrupt then kindly file a suit before the competent court of law for getting the order of going bankrupt...
Subhashis Paul
Fraud by builder - flat to multiple buyer
Builder has sold the flat to multiple buyer. Now bank of one of buyer filed case in DRT for recovery. Can builder pay the payment to bank/DRT on behalf of borrower and can bank close this file
1 year ago
A. Dear client,
That would be possible. The builder can pay the payment to bank/DRT on behalf of borrower and can bank close this file
Please help - I have taken loans
I have taken loans from loaning apps. I was not able to repay on time. I am getting threatening messages on my WhatsApp number saying that they have access to my gallery and contact list and if not re
1 year ago
A. Dear client, in my humble suggestion, in the present case you can file a complaint under section 66A of IT ACT, 2000 for sending threatening messages by any means of a computer resource and under Section 383 of IPC (extortion) for intentionally putting you in fear of injury to reputation, and thereby dishonestly inducing you to deliver to any person any property.
