Legal Question in Banking Law in India
i have taken a used car loan from HDFC, my car has been stolen and i find again because of this i invested lot of money and now i have surrender the car to HDFC but before that they have put a cheque which was dishonored due to less funds now they filed a case in 138, but i want to settle the complete amount, they are telling Rs. 84000 with intrest but i want to settle within less amount, pls suggest is it possible or any other way to close pls suggest
Asked on 10/16/10, 8:34 am
1 Answer from Attorneys
u can put ur condition as ur liablity is not there and bank will not be able to recover the amount as u had already surrender the car. Now bank has to waived off everything even u can offer only half the amount.
Good luck.
Regards
Answered on 10/16/10, 8:03 pm
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