Legal Question in Bankruptcy in India

Hello Sir this is Shiva from bangalore, I had a credit card due amount of 56,000 I did not pay for 2 months and later executives called up and told for settlement of 28,000 in 4 installment then I received a letter for that already one installment payed, Then I have applied for personal loan It was rejected due to default list in civil, so now I want to know if I make settlement life long loan will not be sanctioned or If I want to remove my name from civil list what I have do, please suggest me. Thank You

Asked on 8/20/09, 10:15 am

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

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If you reach an amicable settlement, you may approach the authorities for removal of your name from the list.

Answered on 8/20/09, 1:17 pm

Seshadri Srinivasan www.lawconcern.com

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You can issue lawyer notice and if no relief thereafter also, file proceedings.

Answered on 10/12/09, 4:48 am

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