Legal Question in Credit and Debt Law in India

Bounced check for delayed payment of credit card
Hi.Can any one help me to know what happens if a check bounces when given to an international bankfor delayed credit card payment and is there any way to avoid unbailable warrant if issued by this act..Please advice really very urgent...

Asked on 6/16/09, 12:23 am

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

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Re: Bounced check for delayed payment of credit card

If you make the payment even at this stage, i.e. after bouncing of check, no further action may be taken by the concerned Bank.

Therefore, to avoid any litigation/legal action, you may settle the account immediately.

Answered on 6/16/09, 12:28 am

G. M. Gupta gmguptaandassociates

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Re: Bounced check for delayed payment of credit card

make the payment to the bank and take receipt of the payment of the due amount. get written as full and final settlement.

Answered on 6/16/09, 4:42 am

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