(Querist) 28 October 2011
This query is : Resolved
one my friend took loan 97500/* hdfc bank (delhi). paid 6 emi of rs.3550 each .but not paid since 2 yrs.blank chq given to hdfc used for full loan amt.6 months bank chq bounced & this month police arrested and to the court,bailed him. hdfc were agree to settle the loan for rs.50000/-,but friend is not in position to pay as he is small vegetable shopkeeper ,even can not hire the advocate.but he can pay the 500/- to 1000/- pm max 1 yr. how i can help him.any case references. may all of u suugest me procedures in which i may help him.