How To Handle/avoid Case Against Me For Education Loan. | Vkeel - Free Legal Advice

*******K

Vellore

Hi Sir/Madam, My name is Sriram from Vellore (Tamil Nadu). I got education loan for my engineering degree (2008-12) but could not able to repay entirely. I could not get a job for an year and the job wasn't paying me enough to handle my own expenses. And my mom got cancer and entire money went for that. and I paid 1.25 L and rest am paying month on month (15,000 per month). Am ready to pay 15000 every month but they filed a case against me and asking me to pay 1.5L now but I don't have any jewels or property to sell and pay them. I tried but could not get bulk money. The bank is not accepting my request. If they arrest me, my entire career and life will get spoiled. Kindly provide me suggestions that how can I handle the situation. Thanks in advance, Sriram K

Expert's Answers(5)

Advocate Aashish Kumar
New Delhi, Delhi

1 Client Ratings

it's a civil matter , they will not arrest you . you can explain your position in court , court will grant some extension to you.

October 9, 2018
Advocate Yogesh Navmahalkar
Jalna, Maharashtra

19 Client Ratings

Take advice from learned advocate talk detail about your problem

October 9, 2018
Kishan Dutt Kalaskar 40 years Exp (Retired Judge)
Bengaluru Urban, Karnataka

187 Client Ratings

Dear Sir, Approach competent advocate as such loans are either waived of or installment facility without interest is offered.

October 9, 2018
Jitender Singh Singal
Bhiwani, Haryana

consult through app to get complete information about your legal rights and legal aid.

October 9, 2018
Advocate Muralikrishnan S
Chennai, Tamil Nadu

the question is not clear. but all education matters to be settled by paying the loans

October 9, 2018