Legal Question in Credit and Debt Law in India

I have got a legal notice from third party through email (SCB has authorized to third party) for credit card recovery. Last payment I have made in 2001. Bank has not given me full & final settlement certificate and now they are asking for money with all interest. Being huge amount I can not pay. What should I do?


Asked on 4/11/16, 1:39 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

11.04.2016

Dear Sir / Madam,

You may visit the Bank, discuss and sort out the matter and mutually agree on the way ahead. You may reply to the legal notice stating what has been agreed and confirmed by the Bank, regarding repayment and settlement of your card dues.

Regards,

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Answered on 4/11/16, 6:26 am


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