LawRato

FIR AGAINST ME ON CREDIT CARD PAYMENT FAILURE


25-Jul-2023 (In Recovery Law)
Kindly help if some legal or police calls me for credit card non payment what are the risk factors and what to do in next step.
Answers (3)

Answer #1
972 votes
Before any legal proceedings the bank or the institution from which you took the loan amount will serve you a legal notice regarding the repayment of the amount. Then you need to reply to that notice and negotiate/settle with a particular amount with them. And if you are under the fear that they will indulge you in criminal proceedings then it's advisable to apply for an anticipatory bail. For more legal assistance I am just a call away.
Helpful? LawRato LawRato
Advocate Jitender Singh

Adv. Jitender Singh

LawRato Delhi | 1000+ Answers
Chat with Advocate Jitender Singh Chat 
Answer #2
612 votes
Police will never call you for recovery of payments ! It’s a civil matter ..these are collection agency people who falsely pretend themselves to b police or legal cell ! You need to record their call n number n report the same to bank n cyber cell via your advocate B in touch
Helpful? LawRato LawRato
Advocate D. Khan

Adv. D. Khan

LawRatoDelhi | 1000+ Answers
Chat with Advocate D. Khan Chat 
Answer #3
783 votes
Dear Client, Non Payment of credit card dues is a civil matter which will start by sending you legal notice, And then by recovery case against you. However If you willfully neglected the payment/Legal Demand Notice it will lead to your low cibil score. Criminal Action against you will be taken if you do some fraud in getting the credit card, or any other criminal breach. Hope this was helpful for you.
Helpful? LawRato LawRato
Advocate Mohit Rajput

Adv. Mohit Rajput

LawRatoDelhi | 100+ Answers
Chat with Advocate Mohit Rajput 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.

Report abuse?

Connect with top Recovery lawyers for your specific legal issue
Connect with a Lawyer
Comments by Users

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."

All Answers

Googling your legal issue online?

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

LawRato