Legal Question in Banking Law in India
I am not paying my credit card due from past 3-4 months..
What kind of damage can harm me..
Thanks for the valuable suggestion.
I'll be paying the amount in a months time.
Also can this harm in getting a loan like Home loan or car loan..
Asked on 9/23/11, 9:42 pm
2 Answers from Attorneys
Sanjay Kalra
Sanjay Kalra & Associates
They will file a case to recover the amount from you before the court and whatever they do besides this would be illegal.
Answered on 9/24/11, 10:25 pm
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
yes it can harm for obtaining loan as a previous defaulter.
Answered on 10/14/11, 12:32 am
Related Questions & Answers
-
I am not paying my credit card due from past 3-4 months.. What kind of damage can... Asked 9/23/11, 9:40 pm in India Banking Law
-
I am not paying my credit card due from past 3-4 months.. What kind of damage can... Asked 9/23/11, 6:15 am in India Banking Law
-
Sir a check i have received have bounced when i ? the bank manager told me that the... Asked 9/20/11, 9:48 am in India Banking Law
-
My so has taken a housing loan of Rs 30 Lakhs from HDFC(not HDFC Bank).As per HDFC... Asked 9/20/11, 2:44 am in India Banking Law
-
Whether a sale certificate issued under SARFESI Act requires registration Asked 9/20/11, 1:06 am in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
