Legal Question in Credit and Debt Law in India

Credit Card and Personal Loan Repayment

I have Several Credit cards and Personal loan. But as of now, my Financial condition is not favourable to repay all of them at a time. Can I have any legal support or safeguard?


Asked on 7/31/08, 6:34 am

1 Answer from Attorneys
Homi Maratha N.N. Maratha & Co.-Advocates

Re: Credit Card and Personal Loan Repayment

No you have to repay the loan.

Please contact the Bank Personnals and request them for EMI's or settlement.

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Answered on 8/05/08, 2:59 am


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