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Recovery Of The Friendly Loan Given To The Known Person


23-Sep-2023 (In Recovery Law)
Process for the Recovery Of The Friendly Loan Given To The Known Person. The person claims not to have the money to pay back nor he has given any security against the loan taken by him
Answers (1)

Answer #1
762 votes
sir / madam ,
advisable to file a suit for recovery of the loan amount.
if you have any documents to produce then file with the suit..
once pressure is created for seeking attachment of the property then the borrower may pay the amount.
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