Personal loan reg
Mrs.Ramya.K
(Querist) 28 May 2016
This query is : Resolved
Dear Sir/Madam
I wrote a complaint yesterday regarding the non payment of personal loan. And now Is there any possible to take IP. I think it was 8 years passed of taken the loan from the bank, At any cost he is unable to make the settlement and he is having nothing with him. Yesterday also the agents came asked and shouted at him. It is public money how can you say that you will not pay? I am not having money if i have money i would have paid already and there is no necessity of your coming here also. For that the agents said you didn't pay that's why we came. My friend said that i have no money you do what ever you want.when ever they said we will take legal action, my friend also approached a lawyer and he tpld them to meet my lawyer what he says I'll do that only. For that the agents asked if he ask you to eat dung will you eat? he said yes.Now he looking for a permanant solution for this.Pl.suggest me.
DR.VEDULA GOPINATH
(Expert) 29 May 2016
madam
The transaction is time barred and hence no money suit can be filed.
Under moral and ethical sense, you should pay him at your earliest.
You are not clear as to the security or mortgage involved in the personal loan.
dr vedula gopinath advocate/arbitrator
Rajendra K Goyal
(Expert) 30 May 2016
Repeated query:
http://www.lawyersclubindia.com/experts/Personal-loan-reg-600901.asp
http://www.lawyersclubindia.com/experts/Personal-loan-reg-601001.asp
http://www.lawyersclubindia.com/experts/Personal-loan-and-closing-of-bank-account-reg-601206.asp
http://www.lawyersclubindia.com/experts/Personal-loan-and-closing-of-bank-account-reg-601226.asp
