Legal Question in Credit and Debt Law in India
Taken personal loan from Private finance company ( MNC).Payment was proper upto March( for 6 Months).Now repayment not regular due to Economic slow down.
Court summon had come to me.
What are options open to me for acting on this?
Asked on 11/08/09, 12:21 am
2 Answers from Attorneys
Seshadri Srinivasan
www.lawconcern.com
Engage a lawyer and defend yourself.
Also try for a settlement ot of court giving you more time to pay and less amount too.
Answered on 11/08/09, 3:06 am
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