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A colleague ignoring to refund amount


17-Feb-2025 (In Recovery Law)
One of my colleague requested to help him through taking a loan of 12500 from Kreditbee app in January 2022 as he was unable to get money from anywhere and he said that only my credentials will be used and he will pay all emi however he did not pay any emi and leaved the company and also stopped replying my messages since then. What should i do ?
Answers (1)

Answer #1
732 votes
First of all rather than going legally you should serve him/her a legal notice and in that notice you can write that either pay my money or face legal action which will be at your own risk. After that if he/she fails to give you a satisfactory reply then you can anytime file a recovery suit in the court to claim your money back along with compensations.
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