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Persnol loan no paid emi please help


22-Mar-2023 (In Banking / Finance Law)
Sir maine finance company se 50,000 loan liya tha lekin busines me loss aur health problem ki vjha emi nahi bhara company ne 12 cheque liye thee abhi muze 138 ka notice aya hai usme likha hai apko arest ho sakti hai .mere pass abhi paise nahi hai .khane ke vande hai mai kya karu
Answers (1)

Answer #1
601 votes
Hi

In this case you have to appear before court and get bail

You can also propose settlement to the bank by referring the matter to mediation by requesting the court

Taking bail is must otherwise there's chance of issuance of non bailable warrant against you
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