What o do i am unable to pay my dues
03-Jul-2023 (In Banking / Finance Law)
I have always been paying my liabilities on time however for past one year I have been unable to do so due to the job loss. Now, as of July 2018, I am completely broke and couldn't pay even a single penny to my lenders. They might file a lawsuit against me pretty soon. Please advise how can I save myself. Thank you.
depending on how much loan you have taken you will be given a legal remedy. if the amount is big you might need to take a bail if small then you can give a notice and escape other criminal liabilities.
there is remedy available for your query but i want to know type of laon and its documents filed by you what kind of hypotehcation you have made as well as guarantee given to bank .... we can send request letter and intimation w.r.t. job loss;
Just ask them a time to pay their money and then do work for it or take another loan from someone else to pay old loan.
You can not deny to pay their loan just because you lost you job. you should try to repayment their loan.
You can not deny to pay their loan just because you lost you job. you should try to repayment their loan.
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 Banking / Finance 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."