Private money lender is threatening to pay back high interest

658 votes

Kindly file a criminal complaint and Go to court on the date of the hearing. Thereafter tell the judge what really happened. If you can, talk to an advocate or a lawyer before going to court. Try to get an advocate or lawyer to help you in this hearing. Ask the Judge to summon the lender and mutually settle the matter before court. If you see no mutual settlement happening get a restraining order against that person.

Second remedy is that you file an FIR.If the policce refuses to register . Without telling them the story intoto just tell them your wife has been receiving threat call.s

Advocate Vibhor Gupta LawRato

685 votes

Issue a legal notice to the person and give all details of the transactions.If he do not stop then file a police complaint for extortion etc.Its better to talk to him first and clarify the transactions.

Advocate Rajesh Rai LawRato

718 votes

Now unless supported with adequate evidence any verbal agreement is difficult to enforce, further a Professional money lender is required to have a money lending license to do business of money lending, therefore in case he files a suit, then the said suit shall be hit by provisions of Punjab Money lending Act applicable to state of Delhi.
Now, with respect to his making calls to your wife and sms, you may file a police complaint with concerned police station for threatening and intimidation.

Advocate Sandeep Banga LawRato