I received a recall notice from smartcoin advocate.. Legopida

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If you are unable to pay the amount of ₹14,400 at present, you should not ignore the demand or remain silent. Immediately communicate in writing with the concerned party (bank/financier/creditor) requesting time or an instalment facility. Most institutions allow restructuring, part-payment, or short-term extension if approached proactively. Failure to respond may result in penalties, interest accumulation, legal notice, or recovery proceedings. Therefore, place your financial difficulty on record and seek a written settlement plan. If the demand is disputed or excessive, you are entitled to seek a detailed statement of account and verify the calculation before making payment. Do not make any informal cash payments without proper acknowledgment. Timely communication and documented negotiation are crucial to avoid escalation and additional legal consequences.

Advocate Pavani Kumari LawRato