Legal Question in Credit and Debt Law in India

Dear Sir/Madam,

I am put up in Bangalore. Currently I have a credit card due of over 4 lakhs but am unable to pay even a pie as I lost my job; till now never ever I had defaulted but now I cannot pay anything to them at least until I get a decent job. Kindly guide me what are my next steps and what would be consequences.

Harish

Seeking Help


Asked on 6/20/14, 12:19 pm

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

21.06.2014

Dear Harish,

Since you are helpless in repaying your debts, let the law take its own course.

Regards,

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Answered on 6/21/14, 6:29 am


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