Bank Harassment encompasses the renegotiation of repayment conditions for unpaid debt when the borrower encounters financial hardships such as job loss or unforeseen expenses. This process involves reaching an agreement—often a consolidated payment—between the borrower and creditor to streamline the repayment procedure.
At this point, we'll evaluate your financial status and create a customized debt repayment strategy. This includes a thorough review of your income, expenditures, and current debts to develop an efficient relief plan.
After choosing a suitable plan, this stage involves completing a debt resolution agreement with us. Your signature on this contract formalizes the debt Resolution plan and its associated terms, establishing its legal validity
At this stage, you'll start depositing funds into a dedicated account for the Resolution process.
Our team of legal and financial advisors will commence direct negotiations with your creditor(s) on your behalf to secure an agreed-upon Resolution amount. The strategy involves proposing a negotiated sum in exchange for the outstanding debt owed to the creditor(s).
Upon reaching a mutually agreed settlement amount and making the complete payment to the creditor(s), you will attain a status free from debt.
We assist in addressing your personal loan repayment concerns by engaging with your lenders. Our team of financial and legal experts is sought after as banks and non-banking financial companies (NBFCs) often hesitate to settle. With their extensive experience and expertise, they facilitate resolutions in this domain.
Opting for a negotiated settlement is beneficial if you're unable to make payments, as credit card interest rates can surpass 40%. In the long term, it not only enhances your financial situation but also aids in saving money. Our adept legal and financial advisors specialize in assisting with credit card repayment matters.
Despite numerous Supreme Court rulings and RBI regulations against borrower intimidation, debtors in India are still often harassed by recovery agents. Our Anti-Harassment Service, guided by legal experts, is dedicated to aiding individuals in such situations. If you're facing harassment, rest assured, we're here to assist you in finding a resolution.