Credit card default
jitu
(Querist) 16 March 2016
This query is : Resolved
Dear All,
Please help me out in in this regards as stated below:I had taken a Credit Card 00.50 lakh from a private bank and one credit card with used credit of 50 thousand till the date all on time i paid but this month means Nov. 2015 onward due to some financial difficulties & job less position i am not able to pay amount back, and not paid the minimum amount due for credit card from this month onward. The adress of home at Indore but i am not living there now my mother father was living thier. credit card also issed in Indore, now i am in Dhar and this banks can start legal proceedings against me. If they start legal proceedings can they issue me a summons or legal action ?
can you please help me in this regard. Please let me know what legal action can be taken against me and how i can come out of it by the best possible way,and in future what difficulties i will face kindly help me out in this case urgently. My life is sppoiled I can't get job till date how I paid the amount Pls. sir help me about this matter. my mother father is very old age and depandend on their pension fund they can't help me.Bank agent is preserring him to pay. What can I do sir pls. help me
Jitendra Yadav
jitu
(Querist) 17 March 2016
They threaten us by saying that he i.e.(me) will be in prison if you dont give money.... or we have file a police complain against him. and that he cannot run...
I am not even runing anywhere , infact i called them and told them if you bother my gurdians again they still send letters and stuff....they are not agreeying to take 10000 and i cannot even give more than that...
when i called them they told me that they will send police to my relatives house .... and they said we will kkep calling them.... and send letters... i got angry and said "do what you like , i will not even pay a single money"... and hunged up the call....
Adv. Yogen Kakade
(Expert) 17 March 2016
what is your question?? Firstly in such case they cannot send you to jail so easily. secondly, the police department is not a servant of any recovery agency and even police cannot arrest you for any such reason. Simply, send a legal notice to the recovery agency along with the bank mentioning the harassment caused by them. you can also file a complaint is you have any evidences.
Adv. Yogen Kakade
Jurycon Incorporation
Advocates & Consultants
Email: juryconincorporation@gmail.com
Web: www.juryconn.in Call: 020-65248888
Rajendra K Goyal
(Expert) 17 March 2016
They are threatening more than their powers, If they tease your old parents they should approach police against recovery agents.
It is your liability which is not so big, arrange for the money and get rid of the liability.
