A.Dear client,
Read over terms of your loan agreement to see what happens when you are unable to pay it. If you have pledged anything such as a house, vehicle, jewellery, etc, you can liquidate it to repay your loan or if not you can declare insolvency
Read over terms of your loan agreement to see what happens when you are unable to pay it. If you have pledged anything such as a house, vehicle, jewellery, etc, you can liquidate it to repay your loan or if not you can declare insolvency
Helpful
Helpful
Share
A.Dear Sir,
Having no money is no excuse like ignorance of law is no excuse. Beg borrow or steal and clear the loan because the Bankers are very bad people and they go on adding interest and they will recover the same after few years.
Having no money is no excuse like ignorance of law is no excuse. Beg borrow or steal and clear the loan because the Bankers are very bad people and they go on adding interest and they will recover the same after few years.
Helpful
Helpful
Share
Read Related Answers
Education Loan
Dear Client,
In the prevailing situation, you need to obtain a course cancellation certification from the institute, and based on said cancellation certificate you need to inform the concerned NBFC t...
Regarding surity and stay of execution
Dear sir,
You have to implead yourself as a party in the pending case if any otherwise file separate case to discharge you from suretyship.
Recovering Loan given to a Friend
Dear sir
As cheques are undated you can file cheque bounce case which is financially feasibly and you need not pay any court fees.
Credit card payment
Dear Client,
You can try to negotiate a debt settlement with the Bank on your own if your pocket permits to repay the entire outstanding of your credit cards at a time for a one-time settlement of du...
Joint account Chaque with minor signature only
Dear Sir,
Please check whether cheque is acceptable with the signature of minor normally it is not acceptable. Please get an endorsement from the Bank and then get issue a legal notice as provided und...
Read Blogs on Debt and Lending Agreement
Debt and Lending Agreement Lawyers
Find Lawyers by Location