I am in Business, got a personal loa of Rs.96000/= from Barclays Finance last year. After paying 4 instalments, can`t able to pay any more because of sudden financial ctysis. Even i am not paying even a single EMI to any bank from whom i have got Personal loans.
For this case, i have attended the lok adaalat for settlement but it cant be solved as their demand was quite higher. Now they have sent me a summon u/s 138. As my finacial condition is worse then ever, i request you all to provide me with information to defend myself as i am willinly to settle the matter.