Loan given to friend not repaying it
16-Jun-2023 (In Recovery Law)
i have given loan to my friends who needs it in urgent but now he is not returning it and giving excuses . i have details of NEFT , telephonic conversation recording . Suggest me what can i do to recover my debt Amount of Rs.50,000
Hi,
Instead of filing a suit, I would suggest you to send a legal notice asking him to refund your money back or he shall be liable for the legal consequences. The legal notice would make him feel that you are serious and willing to take legal action too.
Regards,
Madhav Nanda
Instead of filing a suit, I would suggest you to send a legal notice asking him to refund your money back or he shall be liable for the legal consequences. The legal notice would make him feel that you are serious and willing to take legal action too.
Regards,
Madhav Nanda
You can send him a legal notice for recovery asking him to pay your amount else you will be forced to take a legal action against him. In the event he still fails to pay, you can file a case against him in the civil court of law
Hello Sir I have perused your query. In these circumstances you have an option to send a legal notice of recovery. Also you can institute a suit for recovery of dues in competent court of law.
for further information feel free to reach out to me
for further information feel free to reach out to me
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.
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