Legal advice for Debt Recovery by Expert Lawyers
Legal experts' opinion on recovering money from business and personal debtors. Covers your rights as a lender and the recovery procedure.
Bank selling the loan
I am 65 year old. I had taken home loan from a bank in 2011 but due to bad business I have not been able to pay EMIs in last ten month. Bank has filed a recovery case in DRT. Couple of days ago I got a call from lender bank that ...Read Answers
Recovery of money given to a friend
On my friends request I had given Rs. 100,000 on loan to a close friend without taking anything in writing. It was by way of bank transfer. He is refusing to return the money. How can I recover the money from him?Read Answers
Bank has frozen my account without my consent
Hi, I am a business man and have got a Cash Credit (CC) account with a bank. This is against collateral of my house and also have a home loan going on over and above for the same house. My wife is a guarantor and co-applicant in the CC as ...Read Answers
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