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i was a guarantor for my friend who took the loan from patpedhi of1Lac
16-Nov-2023 (In Banking / Finance Law)
i was guarantor for my friend he was taken loan from patpedhi and he not paid emi properly now patpedhi is giving pressure to me and now they freeze my saving account but they are not pressuring to the person who took loan from them
once you stand guarantot for loan you need to pay the amount which is taken by him you are having only provision to recover the loan amount from him through recovery suit and also you can made application to seize his account and recover your money
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Adv. Ranjeet Unnikrishnan Nair
Mumbai | 100+ Answers
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