Menu
keyboard_backspace
Consult and get Expert Advice on Debt Collection Laws matters from the best Debt Collection Lawyers in India. Let us know your requirement we will help you to find the best Lawyer suited for your matter within your budget.
{{ item.meta_value }}, {{ item.meta_key }}

Consult Top Debt Collection Expert Lawyer in India

Shivam Sachdeva

Litigator
Exp
West Delhi , Delhi

Specialization

  • Debt Collection
  • Civil
  • Cheque Bounce
  • Bankruptcy And Debt
  • Commercial
Its been 2 years I'm practicing law in Delhi across various District Courts, High Court and NCLT. That with said period in practice I have handled cases independently such as civil and criminal, also i have done all sort of drafting including Special Leave Petitions, Civil and Criminal Appeals. View Full Profile
Total Answers Given : 3

Sunil Kumar Singh

Lawyer,Attorney,Solicitor
Exp
Kanpur , Uttar Pradesh

Specialization

  • Debt Collection
  • Contracts and Agreements
  • Commercial
  • Consumer Protection
  • Advertising
Prominent Lawyer,Experience to Assit Court of Justice , He has been providing services in various fields of law, including, but not limited to Civil, Criminal, Arbitration, Labour & Service Matters, Intellectual Property Rights, Trademark, matters relating to Property Law, Copyright, inter Thank View Full Profile
Total Answers Given : 223

ANIL KUMAR PC

ADVOCATE
Exp
Ernakulam , Kerala

Specialization

  • Debt Collection
  • Cyber, Internet, Information Technology
  • Banking
  • Cheque Bounce
  • Consumer Protection
'Standing counsel of a Government Company in the High Court of Kerala ,with proven efficiency to handle all types of Cases in High Court and other Courts. Able to handle any sort of cases to render justice to the clients.We are experts in Cyber and telecommunication laws View Full Profile
Total Answers Given : 10

Harsh Vardhan

PARTNER
Exp
Delhi , Delhi

Specialization

  • Debt Collection
  • Consumer Protection
  • Cheque Bounce
  • Real Estate
  • Arbitration and Mediation
I am an Advocate practicing before Hon'ble Supreme Court, Hon'ble High Court of Delhi and various other Distt. Courts and Tribunal. I specialise in handling consumer cases, recovery cases, arbitration and other civil matters. View Full Profile
Total Answers Given : 8

ANSUL BHUTA

ADVOCATE
Exp
Mumbai City , Maharashtra

Specialization

  • Debt Collection
  • Commercial
  • Cheque Bounce
  • Arbitration and Mediation
  • Bankruptcy and Debt
I am an Advocate practicing since 2 years in Civil Law. My specialities include Recovery Matters, DRT Matters, 138 Matters, Arbitrations, Family Disputes, NCLT, Corporate Affairs Testamentary, Documentations, etc. I am associated with Bhuta & Associates, Law Firm Mumbai. View Full Profile
Total Answers Given : 4

Rahul Tyagi

Advocate
Exp
Gurgaon , Haryana

Specialization

  • Debt Collection
  • Corporate and Incorporation
  • Documentation
  • Consumer Protection
  • Civil
Corporate Law, Real State Law, Consumer protection Act, RWA , Matrimonial Law, NI Act-138 View Full Profile
Total Answers Given : 3

Mangesh Yeole

Advocate
Exp
Akola , Maharashtra

Specialization

  • Debt Collection
  • Banking
  • Cheque Bounce
  • Civil
  • Divorce
Hello, myself Adv Mangesh Yeole. A practicing advocate in Akola with over three years of experience in the field of criminal, family, consumer laws. Also provide services in drafting and registration of land and property verification report. Recovery suits and cheque bounce cases. View Full Profile
Total Answers Given : 3

Arvind Tripathi

Lawyer
Exp
Allahabad , Uttar Pradesh

Specialization

  • Debt Collection
  • Civil
  • Criminal
  • Cheque Bounce
  • Divorce
Mr. Arvind Tripathi, Advocate is an Advocate with 30 years of experience in Civil and Criminal matters. He specializes in Service and Bail matters. He runs a Law Firm by the name of Mimansa Law Firm which is very reputed firm in the whole of Uttar Pradesh. View Full Profile
Total Answers Given : 2

MOHAMAD JAMAL

Advocate
Exp
Bangalore , Karnataka

Specialization

  • Debt Collection
  • Civil
  • Criminal
  • Cheque Bounce
  • Commercial
I am an Advocate practicing primarily before Hon'ble High Court of Karnataka and courts sub-ordinate to it. My specialization is in both criminal and civil law. I have independently argued with relief various nature of cases ranging from Bail Petitions, Suit for Declaration and Injunction etc View Full Profile
Total Answers Given : 1

gunjan shah

Advocate
Exp
North 24 Parganas , West Bengal

Specialization

  • Debt Collection
  • Divorce
  • Arbitration And Mediation
  • Adoption
  • Commercial
Practicing as an advocate/private attorney at the Hon’ble High Court, Calcutta, District Courts, Tribunals such as Land Administrative Tribunals, Central and State Administrative Tribunals and Forums including The Consumer Forums and dealing in Arbitration matters as representing counsel. View Full Profile
Not Sure Whom to Consult ?
We will help you to find the best lawyer as per your budget !
Post Your Matter to explore various options.
Need Legal Advice
Connect with Expert Lawyers to Resolve
Your Legal Matter
  • What are the laws on debt recovery?
  • How do one pay off debt in collections?
  • How long can a debt be collected?
  • What are the main features of debt recovery laws?
  • How to respond to a summon of debt collection?

In 2016, Prakash Sarvankar who used to live in Mumbai committed suicide accusing for his death a recovery agent. Instances like these indicated the terror of recovery agents. Hence laws were made to regulate this aspect of the society.

Some of the governing laws in this topic are:


  • Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016
  • Recovery of Debts due to Banks and Financial Institutions Act, 1993
  • Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act)

Some features of Debt-Recovery Laws:


  • Debt Recovery Tribunals in case the defaulter is a company order for the sale proceeds to be distributed amongst creditors
  • Debt Recovery Tribunals are not bound by the Code of Civil Procedure 1908, they’re guided by principles of natural justice.
  • As per Rule 4 of the Debts Recovery Tribunal (Procedure) Rules, 1993; an application filed must set forth concisely under distinct heads, the grounds for such application and such grounds shall be numbered consecutively and shall be typed in double space on one side of the paper.

If banks still employ an illegal assault oriented method of recovering their money, then, informing the police is of importance. In the event that you get intimidating calls, contact the police and let the bank know that you are informing about the issue to the Police. Gripe sharply to the bank. Debilitate suit if require be. Keep an audio recorder prepared to avoid potential risk against additionally calls.

In the discussion, attempt to get the recovery agent to unmistakably say what he needs from you, the name of his organization and which bank has procured him.

On the off chance that the goons visit you, document an objection at the closest police station. Take photos of the individual who has gone to your home and present these to the police.

You can sue the bank exclusively, or approach a Consumer Action Group, some of which are recorded below :

  • Abhay Credit Counselling Centre (Bank of India): www.bankofindia.com/ home/abhay.asp
  • Disha Credit Counselling Centre (ICICI Bank): www.dishafc.org
  • International Consumer Rights Protection Council (ICRPC): www.icrpc.org
  • National Consumer toll free helpline: 1600-11-4000
  • Consumer Education Research Centre (CERC): www.cercindia.org
  • Citizen Consumer and Civic Action Group (CAG): www.cag.org.in
  • Consumer Guidance Society of India (CGCI): www.cgsiindia.org
  • Voluntary Organisation in Interest of Consumer Education: www.consumer-voice.org
  • Consumer Advantage: www.advantageconsumer.com

Request a Callback for Legal Help


In case you want us to call you back to understand your legal problem then please submit your details with a brief description of the legal issue that you have. We will call you back.

Name must be provided !

Email must be provided !

Invalid Phone Number !

Details must be provided !

Want a Quick Legal Advice From Expert Lawyer
Call us at this number for Legal Help at an affordable price
7604047601
Legal Advice Anytime Anywhere

The most trusted and relied upon partner for hiring lawyers for any kind of legal services.

Not Sure Whom to Consult ?
We will help you to find the best lawyer as per your budget !
Post Your Matter to explore various options.
Need a Lawyer for Your Case ?
Get the best Lawyer
for your Case
Client Testimonials

Top Responding Lawyers
on Debt Collection Laws

Experience: 33 Year(s)
Retired Judge
Bangalore
Experience: 2 Year(s)
As a advocate
Aurangabad
Experience: 9 Year(s)
Adv.Ambrose Leo Associates & Legal Consultants
Bangalore
Experience: 3 Year(s)
Legal Counsel
Kolkata
Experience: 9 Year(s)
Lawyer and legal associate
Nanded
Experience: 14 Year(s)
Advocate and Legal Counsel
Kolkata
Experience: 15 Year(s)
Advocate High Court
Kolkata
Experience: 19 Year(s)
Advocate
Bangalore
Experience: 12 Year(s)
Advocate
Mumbai City
Experience: 1 Year(s)
Advocate
Kolkata
Experience: 5 Year(s)
ADVOCATE
Howrah
Experience: 20 Year(s)
Dr
New Delhi
Experience: 22 Year(s)
Advocate
Bhubaneswar
Experience: 7 Year(s)
LAWYER
Bangalore
Experience: 18 Year(s)
Advocate
Chennai
Experience: 3 Year(s)
Criminal Lawyer
Faridabad
Experience: 5 Year(s)
Lawyer
New Delhi
Experience: 2 Year(s)
Advocate
New Delhi
Experience: 11 Year(s)
Attorney
South Delhi
Experience: 5 Year(s)
Practicing Lawyer
South West Delhi
Experience: 17 Year(s)
Advocate
Thiruvananthapuram
Experience: 38 Year(s)
SENIOR LAWYER
Jabalpur
Experience: 18 Year(s)
Advocate / Trial Advocate
Tirunelveli
Experience: 15 Year(s)
Advocate
Panipat
Experience: 10 Year(s)
Independent Lawyer
North East Delhi
Talk to a Lawyer
Post Your Matter
Request Callback
Contact Us