Legal Question in Banking Law in India
I cant pay my educational loan, what are the legal actions bank may take?
Asked on 2/15/10, 12:26 am
2 Answers from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
the bank can file a suit for recovery or appoint an arbitrator.
Answered on 2/15/10, 1:12 am
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Recovery proceedings may include selling of your and your guarantor's assets. avoid litigation and try to settle the dispute amicably.
Answered on 2/15/10, 9:03 am
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