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Money lender threatening me to return the money borrowed
25-Apr-2023 (In Criminal Law)
we are loss the business so outside we bring some money for rate of interest 2% 4 to 5 person those people are daily call make it mentally torture pleases give me solution
If you lend money on promissory note with proper time limits then you have responsibility to return them.its your fault to become insolvent. They have right to recover their money from your property. But ..But.. if they threatening you then you shall file police complaint of criminal intimidation and take police protection .
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Adv. Deepak Yashwantrao Bade
Nagpur | 100+ Answers
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Your borrowing money from money lenders for bussiness this is admitted fact. But these days your sufferring from money crises. So instead of ignoring them you spoke with them and told your problem. Ask them for certain time period to stable and returning to their money. Show your readyness of repayment of their money.
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Adv. Pallavi Digambar Sonawane
Thane | 100+ Answers
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