Legal Question in Credit and Debt Law in India
I have a credit card and for the past 6 months I have not been able to make regular payments. the bank has closed my card and a recovery agency is harassing me. I still get the cc statement and try to make minimum amount due payment . What action can the bank take against me? I am willing to pay the amount but it will take me sometime hence I am at least managing small payments for now
Asked on 6/08/12, 7:34 am
1 Answer from Attorneys
www.lawconcern.com S.Seshadri
www.lawconcern.com
You approach the bank office and explain your situation and if necessary write a letter as well. That way your problem can be resolved.
Answered on 7/04/12, 10:31 pm
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