Legal Question in Credit and Debt Law in India

What are the consequences for default on Car Loan, what if you do not pay your equated monthly scheduled installments


Asked on 2/24/12, 2:47 am

1 Answer from Attorneys

RAJIV GUPTA (Cell: +91 9811284735) [email protected]

bank may file a suit for recovery and can recover the possession of vehicle through court orders.

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Answered on 2/24/12, 3:48 am


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