Legal Question in Banking Law in India

what is legal action if one can not pay the auto loan deficiency and one has poor finance background


Asked on 2/19/16, 9:35 pm

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

20.02.2016

Dear Sir / Madam,

Forget legal action ... Simply return the vehicle back to the loaner and request adjustment and settlement of the balance loan amount.

Regards,

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Answered on 2/19/16, 9:49 pm


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