Anti-Bank Harassment involves renegotiating repayment terms for outstanding debt when the borrower faces financial challenges like unemployment or unexpected expenses. It entails reaching an agreement, often a lump sum payment, between the borrower and creditor to simplify repayment.
At this stage, we will assess your financial situation and devise a tailored debt repayment strategy. This involves a comprehensive analysis of your income, expenses, and outstanding debts to create an effective plan for debt relief.
Upon selecting an appropriate plan, this phase entails finalizing a debt resolution agreement with us. Signing this contract formalizes the debt settlement plan and its terms, making it legally binding.
At this stage, you'll start depositing funds into a dedicated account for the resolution process.
Our Legal and Financial Advisors will initiate direct negotiations with your creditor(s) on your behalf to find a solution that works for both parties. The plan involves agreeing on a negotiated sum in exchange for the outstanding debt owed to the creditor(s).
Upon successfully reaching a mutually agreed amount and fulfilling the payment to the creditor(s), you will achieve a debt-free status.
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.