Legal Question in Bankruptcy in India
I got a CC limit form Bank and last year I pay Rs 1,40,000/- as intrest to bank . but due some bussiness problems I fail to pay the Intrest for one quarter and only over due is 75000. Now Bank issued me Notice under Sarfaci act . I Have no money to pay all the lone atonce even I am not in postion to pay the Intrest even . Please suggest me what can I do Now and how to save my skin. Thanks
Asked on 10/15/11, 5:27 am
2 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
The only option with you may be to negotiate with the Bank; or with any other lender to take over your loan.
Answered on 10/15/11, 7:56 am
KarVai Legal Solutions
Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in
talk to bank.....
Answered on 10/16/11, 12:28 am
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