Hi all,
I want to know some thing really soon and quick. I took a loan from HDFC back few years ago and that time I was working. Due to loss of job and financial trouble was not able to pay it. I have missed around 1.5 year of payments.
Yesterday my Dad receives a call from some one from the HDFC bank saying that "we have issued a Non Bailable Warrants from your son and will be coming to your house soon". My dad lives in a different city. I on the other hand have not moved from the property from where I applied the loan from. After call the same guy back from HDFC bank and speaking to him he said "we tried to deliver the Court Summons to appear in front of the judge, but no one was at the address and we sent it back to HDFC Branch". Just last month I did receive a letter from a Law Firm asking me to come to the court (No Court Summons). The person I spoke to have asked me to come to the Branch in Delhi and discuss the option or else they will go to my Dad's house and report me to that local Police Station by Tuesday as they have the NBW with them.
Just yesterday I receive another call from HDFC from a guy saying that I have a court date on the 12th July and I can either come there or settle the case outside the court.
I am really stressed out as I do not have the money and have just got an offer from a firm to join in August. I can pay the loan, but not right now. The NBW has made me really panic and stressed.
Question: What should I do now, what are my options, can I be arrested when I have never seen or received a Summon from the court. I am also confused, one person from HDFC says he has the NBW and will execute it by Tuesday and the other person says my court date is on the 12th and I have the option to negotiate the loan.
Please help and advice in detail. I am based out of Noida, UP