Legal Question in Banking Law in India
Actually i took loan from CITI BANK IN year AUG 2009 but due to some official problem my account get SEIZED and then i was unable to pay the EMI, then i go to bank physically to pay those for 2 months then i stopped and after 1 year i again contacted to their collection department to pay them the full Amount - so please call for settlement... so they agree but althought all are runnning fine agin some problem face me and so again i was problem to give them the settlement amount .... now the settlement date has passed over 1 months but i was unable to pay them as i have no finance near me.... so what will be the legal action they take and i must follow inroder to have good relation.
1 Answer from Attorneys
you need to see a lawyer in person so that the settlement is done in a legal manner without future hassles.
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