When someone hears about the gift deeds for the very first time, then the most common confusion is: “Is registering the gift deed legally compulsory, and what happens if at all I don’t register it?” This confusion is very much natural. Most people come to us only after: Understanding as to what a gift deed …
How To Register A Gift Deed In India Legally Complete Guide Read More »
Receiving a notice from a bank stating that you may be declared a wilful defaulter can be alarming. Most borrowers immediately assume that they have lost all legal rights and that the bank has already reached a final conclusion. In reality, the law provides significant safeguards before any borrower can be officially classified as a …
Has The Bank Marked You As A Wilful Defaulter? Know Your Legal Remedies Read More »
When a borrower, guarantor, or the family member receives notice from Debt Recovery Tribunal (DRT), the first reaction is fear. Most of the people immediately start thinking: It is only natural for anyone to feel anxious. Many times, the notices from banks and other courts are written with an intimidating tone, and they are also …
Received A Summons/Notice From The DRT What To Do Now? Read More »
When a person purchases the property, then one of the biggest misconceptions is: “I have paid the entire amount and have received the possession, so I am now the legal owner of property.” Unfortunately, this is not always correct. Understanding the legal process of the sale deed registration helps the buyers protect their investment, avoid …
How To Legally Register A Sale Deed In India? Step-By-Step Guide Read More »
When the borrowers face any difficulty paying their personal loan EMIs, then the first question that comes to mind is: “Should I opt for the loan settlement, or is restructuring a better option?” This confusion is very much natural. Most of the borrowers come to us after: Understanding all of the differences between the loan …
Can’t Afford Your Personal Loan Anymore? Settlement Vs Restructuring Explained Read More »
Financial difficulties can happen to any person. Most of the borrowers who miss the few EMIs find themselves taking the fresh loans to repay the existing debts. Slowly, one loan becomes two, two become four, as well as before long, the borrower feels that he/she is trapped in the debt cycle with no clear way …
Feeling Trapped In A Debt Cycle? Legal Ways To Handle Multiple Loan Defaults Read More »
When the borrowers miss few EMI payments because of the financial difficulties, then the biggest fear that immediately comes to their mind is: These concerns are fully understandable. The reality, however, is that the loan default does not automatically mean that the borrower loses all of the legal protection. Indian banking laws recognize that genuine …
Did Financial Crisis Push You Into Loan Default? Legal Relief Options Available Read More »
Most of the borrowers are confused about whether the banks or other lenders are able to charge them the fees that were not disclosed to them before they signed their loan documents. Whether banks or other lenders can charge a fee will depend on whether the charges were disclosed at the time of the loan …
Paying Hidden Loan Charges You Never Agreed To? Know Your Legal Rights Read More »
Losing a job can create the immediate financial pressure, when loan EMIs continue to fall due every month. For most of the borrowers, the biggest concern is: “What happens if I lose my job and cannot pay my loan?” Understanding all of your rights at right time can help you avoid all the unnecessary harassment, …
Lost Your Job And Can’t Repay Your Loan? Legal Remedies You Should Know Read More »
When borrowers settle the loan with a bank or NBFC, one question immediately follows, that is: “Will my CIBIL score recover after loan settlement?” Most people believe that once a loan is settled, their financial future is permanently damaged. Others mostly assume that paying the settlement amount completely clears the credit history. Unfortunately, both the …
How To Improve Credit Score After Loan Settlement? Read More »
