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Unbale to pay loan

(Querist) 29 January 2014 This query is : Resolved 
hi

plz help to get some information.. I was workin with Company ABC n i took person load againts my salary and now i hv changed my company n working with XYZ company, M unable to pay the loan i took form fullerton india , are you authorise to come my new company XYZ TO trace me or not.
Devajyoti Barman (Expert) 29 January 2014
They can come to any place you stay to ask for loan.
Once you have taken loan you are legally bound to make payment.
DO not cheat anyone who was of help to you when you were in need.
aj (Querist) 29 January 2014
Even to my new company
SHIRISH PAWAR, 7738990900 (Expert) 29 January 2014
There are other repercussions. Your name will be displayed as defaulter. In future you may not get any loan from any bank. So sincerely repay dues.
Rajeev Kumar (Expert) 29 January 2014
You can be declared defaulter by bank and you will not get any loan from any bank. So try to settle the loan amount with bank.
Rajendra K Goyal (Expert) 29 January 2014
You have taken loan, you are earning, don't try to deceive any one, better pay your outstanding.
Advocate. Arunagiri (Expert) 29 January 2014
You are bound to repay the loan amount. If you are unable to pay the loan amount, approach the financier and explain the situation. Running away from the situation, will create a bad remark on you.
Devajyoti Barman (Expert) 29 January 2014
You are still silent on the point that you are bound to repay the loan.
Guest (Expert) 29 January 2014
Your query, "are you authorise to come my new company XYZ TO trace me or not" and "Even to my new company" is quite amazing from a person of a status of Manager, as you have shown in your profile.

How do you feel that your previous company cannot enter the premises of your new employer to trace you? They can even report your dishonest move to your new company, which may lead to your ouster even from your present company.

In fact, if you are of the status of a manager, you would have acted ethically and honestly with your employer and should have cleared your loan dues before leaving the company.
Guest (Expert) 29 January 2014
@Author who told you LCI is a platform to help the Crooks.For better solution from me could you come out with real name addrees of yourself and name of both the companies


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