Credit card settelement
19-Aug-2023 (In Recovery Law)
I have a sbi credit card. from last 2 months i m not paying its bill. i want to settle my account. I am having conversation with bank executives on email and they said "We wish to inform you that your card account can be settled for Rs. ****** /- in two shots valid till 31/8/2016". I m not satisfied with this amount. Today two persons came to my place and said we are from sbi and ask about settlement. I want to know do they have right to come to my place and harass me for payment even i m continuous available on phone and replying through email.
no they can not come like that and harass you they will have to follow the legal procedure to recover money from you. however you can consult a lawyer to help you in the matter and he can negotiate with bank for the settlement on behalf of you.
It is my sincere advice that you should file a representation before the State Bank Credit Card authorities giving all the details of your transactions and grounds for your disagreement with the settlement amount given by the credit card department. However, bank employees can not threaten or harass you, although they can approach you and amicably discuss with you for the settlement of the issue.
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 Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Recovery lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."