Legal Question in Credit and Debt Law in India
the financier had taken back my car forcefully for not repaying the loan and asking me to sign the papers for auction, i had not paid three emi worth 54000/- , now what i should do ?
Asked on 3/27/13, 11:51 pm
2 Answers from Attorneys
Fca Prashant Chavan
Expert Edge LLP
28.03.2013
Dear Sir / Madam,
(Kavalbyrasandra, Bengaluru, Karnataka)
Immediate payment and settlement of all loan dues and a request to release the car with an undertaking that all further EMIs will be settled on time is recommended.
Regards,
FCA Prashant Chavan
Mumbai
(You can also mail me for any further on-line advice at [email protected])
Answered on 3/28/13, 5:36 am
Jayesh Desai
Jayesh Desai
Pay the EMIs and settle with the lender.
Answered on 4/06/13, 9:27 am