Non payment of credit card
Non payment of credit card
Sir, i am aged 59, childless widow without property or job. I failed to repay my credit card payments from 2banks which I availed when I was in a private job last year. Now I am jobless. I am living o
5 years ago
A. Dear Madam,
Do respond to the Legal Notice served by the respective banks.
Explain your present position and surrender the cards as soon as possible.
In fact, you should have done it much earlier.
Shanti Ranjan Behera
Advocate
Education loan
Sir , I took an education loan in August 2004 for my BSc nautical studies degree. I had applied for 5,75000 for this but the manager he can only section 4 lakhs but assured us that he would increase
5 years ago
A. Dear Sir,
You have to pay the money back to the bank with interest.
The other option for you would be to try for one time settlement.
Shanti Ranjan Behera
Advocate
Hdfc Credit Card settlement due to last EMI of RS 79500/
I am not able to pay balance amount RS 135000/ so balance 3 EMI so please give me credit card latest legal advise. If I break settlement what action taken by hdfc Credit card
5 years ago
A. Dear Sir,
1. Go to the Branch manager of the Bank, HDFC from where you have taken money and explain your position and ask for time.That will be the better option.
Before accepting your Credit card you must have received some papers which might have included Terms and Conditions, please go through it and act accordingly.
Shanti Ranjan Behera
Advocate
Irregular payment of my home loan
Hello, My mother borrowed 1.5L home loan from a co-operative Bank, 10 years ago. She made irregular payments. Now the bank is asking us to pay 4L immediately otherwise they will go for eviction. Curre
5 years ago
A. Dear Sir/Madam,
Please try to see the original document on which your mother borrowed the loan and its terms and conditions applicable.You will be governed by that.
The other option get in touch with the Branch Manager of the bank and explain the position and try for one time settlement.
Shanti Ranjan Behera
Advocate
Is Guarantor liable for banker fraud
Sir, my uncle stood as a guarantor for a bank loan in nationalized bank and given security collateral for the loan. Borrower is my uncle relative. The borrower and bank manager joined together and mad
5 years ago
A. From bank's perspective, the guarantor is treated as good as the borrower. Hence, it is the responsibility of the guarantor to clear the loan. In case the said guarantor refuses to comply with the demand made by the creditor/banker, despite having sufficient means to make payment of the dues, such guarantor would also be treated as a wilful defaulter. Refer to the notification of the RBI dated September 9, 2014 and SC judgement justices BS Chauhan and Dipak Misra 2012.
ROBERT D ROZARIO
money
I ask question but wrong understand.... My question is I gave money to one of my friend by cheque he need that time he promised to give after some month but now he is not returning my money so how ca
5 years ago
A. it will be difficult to recover because as there is no written instrument. Even police won't take your complaint as FIR. But you may try your luck by filing an application under section 156(3) CrPC before the magistrate to give direction to the police to take your complaint as FIR and make an investigation.You require two witnesses in whose presence the cheque was given and the terms of its refund. If you are able to do this then there will be possibility he might refund your money. Contact a lo ...ReadMore
ROBERT D ROZARIO
money
I have given money one of person by cheque by he is not giving return to me
5 years ago
A. is there any written instrument (agreement) stating the terms and conditions for which it was given. If not forget about it and carry on with your work. You won't be able to recover unless he is an honest man
ROBERT D ROZARIO
Maturity payment decline by Sahara credit cooperative society
I would like to inform you that I opened the RD(recurring deposit) account with Sahara credit cooperative society in October'2013. I paid all RD premiums on time of 1000 per month. Maturity period wa
5 years ago
A. Dear Sir,
You may get issue a legal notice your problem will be solved if not approach Consumer Forum.
For full procedure contact me on mobile through Vidhikarya.
Fraud by Bank
Dear Sir/Madam I want to take CC Loan from a Private Bank for that require documents I have submitted to the Bank. After verification and examined those documents, Bank have issued the Sanction Lette
5 years ago
A. Dear Client,
There are few options before you.You may choose one or more depends on how badly you need the money.
1. Talk to the Bank Manager, Find out the problem, sort it out.
2.If you feel that the bank concealed some information and you have been cheated you have the right to go to the court of law provided the Bank refuse to return the money you might have paid as Service Charges.
Shanti Ranjan Behera
Advocate
Manjula Shanmugasundaram
ATM FRAUD
Unauthorized transactions occurred in S.B. account with ATM Debit card(CARD NOT PRESENT)..Within a hour the matter was reported to the Bank.Please advise the further steps to be taken in the m
5 years ago
A. Dear Client,
Meet the Bank Officer and lodge a Complaint.Block the card for the time being.
File a FIR in the near by Police Station.
Police will scrutinize the CCTV to get the criminal.
Then, legal action will start to recover the money.
Shanti Ranjan Behera
Advocate
