Legal Question in Banking Law in India

I have taken a personal loan, i have paid my EMI's regularly when i was doing job, but from past 3 yrs i don't have job, so i could not pay the emi's now the bank people are coming for recovery what should i do ? i don't have money to pay atleast one EMI of the bank.


Asked on 2/18/11, 10:01 pm

1 Answer from Attorneys

J. Radhakrishnan independent Practice

go in for adjudging you as an insolvent by filing a petition to adjudicate you as an insolvent

Read more
Answered on 2/19/11, 9:59 pm


Related Questions & Answers

More Banking Law questions and answers in India