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.

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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 ...

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Answered by 3 lawyers
Manish Acharya

Adv. Manish Acharya

Partner
LawLeo.com
Andheri , Mumbai

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?

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Answered by 3 lawyers
P. A.  Narayanan

Adv. P. A. Narayanan

Advocate
Individual Practitioner
Wadala East , Mumbai

Parul Sharma

Adv. Parul Sharma

Partner
N. K. Sharma & Partners
Santacruz East , Mumbai

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 ...

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Answered by 2 lawyers

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