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Amit (Exe)     04 September 2012

Old loan settlment

Dear Sir,

I had taken a personal loan from HDFC Bank for 36 months the EMI was 3043/-. After paying almost 26-28 emis I wan unable to pay the rest of the EMIs due to job loss in 2008's recesseion. After a few months HDFC bank filed a 138 case against me. The case is still open.

Now I want to settle the loan & my questions are....

  • What would be the amount for settlement ?
  • What could be the terms of settlement ?
  • Do I need to pay the entire loan amount as demanded by the bank or the principal outstanding of my loan?

Please request you to help me out from this situation as I dont want to contuinue the case any more.

 

Regards,

Amitr Saha

 

 



Learning

 1 Replies

Ashish Singla 098140 76600 (Cheque Victim's Lawyer. LUDHIANA (PB))     04 September 2012

Mr Saha , 

As per your questions the followings are the solutions,

1. If you want to take any facility from any bank in future than you pay as bank demands from you.

2. If not than you bargain and settle with bank  as best way you can .


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