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About legal notice and no abr notice i got


21-Oct-2025 (In Recovery Law)
Hello I am sbi credit card holder and due to financial issue,I am not able to paid dues on time, every two months I paid only one month dues and now my dues date is 6 nov and my last month dues are still pending and in last 6 date i paid dues of last before month,so I am not able to paid dues,so I mail many times bank to please give time,but their response is not good and send legal notice from last three months and this month they said your card is in arbitration and u have to come for hearing
Answers (2)

Answer #1
582 votes
Attend the arbitration and explain your financial situation. It’s a civil recovery process, not criminal, so no need to worry about arrest. Carry proof of payments and emails to the bank. You can request time, settlement, or waiver of late fees. Try to resolve the matter during arbitration to avoid further legal action.
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Advocate Adarsh Kumar

Adv. Adarsh Kumar

LawRato Delhi | 400+ Answers
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Answer #2
879 votes
First of all you must reply to the said legal notice and in that notice you can write that you don't have money to pay back the dues and you can also ask for settlement. As far as the Arbitration is concerned you need to attend the same on the date and time mentioned in the summons.
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Advocate Jitender Singh

Adv. Jitender Singh

LawRatoDelhi | 1000+ Answers
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