India  |  Aviation Law

Legal Question

Asked on: 11/11/09, 7:13 am

i have 20 lac of debt in various banks and i am retiring this year. i cannot pay for my loans and credit cards hereafter.i was paying my bills promptly till now and never been a defaulter.i want to go for a settlement with banks,but my request is rejected because i am not a defaulter.what can i do to talk to banks for a settlement as am insufficient to pay my deb fully.i want some discount to waive off the can i proceed?when i contacted lok adalat they say the same.when i am not a defaulter they cannot do anything.and when i called the customer care of the banks they also say the same.pls help me.

Didn't find what you were looking for? Ask an Attorney!

Get answers from the top Attorneys
Ask Question

115 Answers given in the last few hours.

8662 Active attorneys ready to answer your question

Search Past Answers:
  Advanced Search