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Credit card arbitration upcoming, no money to payback. Clueless. What
24-May-2023 (In Recovery Law)
I m in Kerala but arbitration called in Delhi n option of video conferencing. Haven't paid 1.58L now has become 2.67L. unable to pay, don't hv money. What to do?
You can always appoint a legal counsel to appear on your behalf. And if it’s on VC then you can also join from your place and then keep your points of arguments and try to convince the arbitrator to settle down the matter. For more legal assistance I am just a call away.
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Adv. Jitender Singh
Delhi | 1000+ Answers
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Join the proceedings through VC and request for restructuring of loan. Bank can consider the same provided your credit scores might get affected. For any further legal assistance please feel free to contact
Thanks
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Adv. Bhawana Pandey
Delhi | 1000+ Answers
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Hi going by the limited information provided by you, there is a arbitration proceedings going against you in Delhi. The outstanding amount was 1.58 Acs but due to interest and other charges it has gone upto 2.67 Lacs. We can discuss to ask for one time settlement from the Bank. We can have vedio confrence to discuss it.
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Adv. Ayush Kapur
Delhi | 200+ Answers
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