Legal Question in Credit and Debt Law in India

I have defaulted on American Express credit card.Unable to pay due to loss of job and financial difficulties. What are the legal consequences. Is there any jail terms?


Asked on 6/03/15, 4:16 pm

2 Answers from Attorneys
mohd mahboob

you have go to legal free aid and directly meet to it.you have explain about matter.it is 3 months to three years term base of monetary terms. thank you

Read more
Answered on 6/03/15, 11:50 pm
Fca Prashant Chavan Expert Edge LLP

04.06.2015

Dear Sir / Madam,

The Court will decide the matter.

Regards,

Read more
Answered on 6/04/15, 4:06 am


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in India