quesBank agents threatening us to repay loan. Can we be arrested?

My and my husband took personal loan. We both were working but during the last year we were unable to repay the loan due to financial crisis. The recovery agents are threatening and abusing us. Police also came to our house. Can bank do this? How can bank recover their money and can a warrant be issued against me and my husband?

  • ansIf you have received any summons from the court , then you have to appear before the court,

    if not the police nor the bank officials can harm you in any other way.they are creating pressure by sending police.

    Next time if any police officials comes to your home ask him under which case have you come , If no case is file aganist you then they cannot come to your home.

  • ansIf you have received any summons from the court , then you have to appear before the court ,if not the police nor the bank officials can harm you in any other way.they are creating pressure by sending police . Next time if any police officials comes to your home ask him under which case have you come , If no case is file aganist you then they cannot come to your home.

    Advocate Ritesh Isaac

      Bengali Market, Delhi

  • ansWhatever bank is done that Is Not legal. But bank can approached proper authority to recover the loan And in case ur are not appeared before concerned authority then warrent can be issued.

    Advocate Akhil Verma

      Karkarduma, Delhi

  • Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at LawRato.com and has been responded by one of the Recovery Lawyers at LawRato.com to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.com or book a Detailed Consultation with a Lawyer of your choice to address your query in detail.
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