Credit Card Dues, bank harassing after 8 years.


Hi, I had an ABN Amro card in 2007 and then moved abroad. And, now after 8 years Kotak who has taken over the debt is calling for collections and harassing and threatening me. I haven't received any legal notice from them in all these years and wanted to know if the Limitations Act applies here and if i am liable to pay. Many Thanks.

Answers (1)


261 votes

The limitation period for repayment of the debt is 3 years if the acceptance of the loan has not been given by you within that period, then the recovery is not possible. However if an acknowledgement of debt in writing within three years  is made the  it would restart the limitation afresh.


Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

Popular Recovery Lawyers


Advocate Rajesh Rai
Sector-19, Dwarka, Delhi
20 years Experience
Advocate Sunil Kumar Bakshi
Sector-16, Faridabad
33 years Experience
Advocate J. P. Rinwa
Swej Farm, Sodala, Jaipur
19 years Experience
Advocate Jaspreet Singh Rai
Greater Kailash 1, Delhi
17 years Experience

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 Recovery Lawyers at LawRato.com to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.com or contact a Lawyer of your choice to address your query in detail.

Related Questions


"LawRato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."



Related Articles