Legal Question in Banking Law in India

i=504539106( EMI of personel loan )

I got the answere regarding my question i.e i=504539106.

I want to know how the payments for personal loan may be totally stopped for the time being.

And also please let us know how can I tackle with collection agent or recovery agent as they used to visit on regular basis.

Thanks

--name removed--Sinha


Asked on 3/09/09, 9:46 am

4 Answers from Attorneys
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: i=504539106( EMI of personel loan )

You may file for insolvency.

Read more
Answered on 3/09/09, 10:58 am
Pranav Desai PD Legal & Associates

Re: i=504539106( EMI of personel loan )

The same can be done only if the bank agrees to your rescheduling the loan. You may have to follow up with the bank representatives or their seniors to consider your plea. Once the loan is rescheduled the collection agents or recovery managers will automatically disappear.

Read more
Answered on 3/09/09, 2:18 pm
Homi Maratha N.N. Maratha & Co.-Advocates

Re: i=504539106( EMI of personel loan )

Hello.

Good Afternoon!

File a insolvency or talk with the bank authorities.

Read more
Answered on 3/13/09, 3:39 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: i=504539106( EMI of personel loan )

you can talk with the bank which gave you loan and ask for time.

Read more
Answered on 3/10/09, 6:48 am


Related Questions & Answers

More Banking Law questions and answers in India