Harassed by bank for recovery asking huge amount after payment of EMI
19-Sep-2023 (In Recovery Law)
i have been harassed by some one who claimed as bank manager of barclays bank, which closed long back in bangalore, from where my daughter has taken personnel loan(48months) 36 months emi paid. Since my daughter left city after her marriage i tried to continue and pay but the bank found closed without giving notice/intimation to the customers or public in the news papers. After the laps of 4 years suddenly appeared, and asked pay130000/- The huge amount which he claims cannot be paid, as i am a senior citizen 70 years getting old age.I wanted to pay monthly installments. But where to whom?
Additionally, collect copies of the loan schedule, all emi receipts paid by you (or bank statement in case it was ECS) and any further communication you sent to bank after it was found closed. Contact the customer care of barclays directly and narrate the events. You can offer for settlement also.
However, it is advisable that you engage a lawyer who would be able to get the matter sorted along with maintaining your daughters cibil ratings and getting a no dues certificate from the bank.
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.
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