Legal Question in Civil Rights Law in India

personal/creditcard loan default

I had taken some personal loans/credit cards and suddenly i have medical problems/loss of work-hence i have defaulted my emis by 8-9mths.now i am still under treatment and it will take some months before i can think of repayment-what is the solution or insolvency is the only solution.kindly advice


Asked on 5/23/09, 10:26 am

1 Answer from Attorneys

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: personal/creditcard loan default

It may be better to settle the dispute amicably.

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Answered on 5/23/09, 10:45 pm


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