Legal Question in Credit and Debt Law in India
My credit card and personal loan outstanding debt was write off by the bank and same was informed to cibil, now please tell me can the bank still liable to collect the debt which was written off if yes how they will proceed legally.
Asked on 3/05/12, 10:24 pm
1 Answer from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
once the debt is written off, then how the bank would proceed for recovering the same.
Answered on 3/06/12, 2:16 am
Related Questions & Answers
-
Can lok adalat isuue warrant for personal loan issues Asked 2/24/12, 7:46 pm in India Credit, Debt and Collections Law
-
Appropriate sentance to use in pleading, adjourning, etc Asked 2/24/12, 12:03 am in India Credit, Debt and Collections Law