90+ Lawyers are online 
credit card non payment for 3 month due to family issue over due card
23-Jan-2023 (In Recovery Law)
received on demand notice from bank by -----attorneys on behalf of bank to initiate a legal procedure can they involve court in credit card matter.can they go for arbitation in this matter ?my issue is overdue card due to this cant pay high charges not in my budget. what all legal action can bank take against me.
If there is a pending dues of your credit card then the bank can initiate legal proceedings, either civil court or arbitration, depending upon the terms and conditions of your agreement. So your credit card holder agreement needs to be perused for any sane advice. Please feel free to contact
Thanks
Helpful?
Adv. Bhawana Pandey
Delhi | 1000+ Answers
Chat
u can contact them and ask for some time, moreover they can sue you for recovery of amount due with interest . u can settle the amount or negotiate the amount as per your budget to pay, or flexibility in paying the dues.
Helpful?
Adv. Himanshu Sharma
Delhi | 50+ Answers
CONTACT NOW
If you have received a demand notice that clearly states that the bank wants its money back and will soon initiate legal proceedings against you. If you have received the notice then they can file a recovery suit against you in a civil court. If you want any other legal assistance I am just a call away.
Helpful?
Adv. Jitender Singh
Delhi | 1000+ Answers
Chat
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 Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Recovery lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
