What legal options are available for multiple credit card and EMI debt

If you have multiple credit card and EMI loans and are unable to repay, first contact the bank or lender to request loan restructuring or settlement. If recovery agents are harassing you, you can send a legal notice through a lawyer. You may also approach the Debt Recovery Tribunal (DRT) or file for insolvency under the Insolvency and Bankruptcy Code (IBC) for relief. For further legal assistance contact us on our helpline number.