Legal Question in Credit and Debt Law in India

Hi, i have 3 loans, 2 personal and the other car ln, i have to pay an emi of 18k INR totaling all the loans. now that i have quit my salaried job and started my own business, am not able to manage my finances and repay my Emi's aswell, its been 2 months and i have been harrased my collection agents. how do i deal this situation, i dont want to sell my car, but need more time, till my business picks up...kindly advice, Am a resident indian


Asked on 10/08/11, 2:01 pm

1 Answer from Attorneys
KarVai Legal Solutions Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in

u need to solve it amicably...

as they are not responsible for your exploration risks ....

they themselves have to do business

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Answered on 10/10/11, 3:57 am


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