Can the Debt Recovery Companies threatened you?

 Can the Debt Recovery Companies threatened you? 


"Smart Security Secret Service Agency vs State Bank of India) the High Court of Kerala ruled that resorting to strong-arm tactics to recover loans by Banks and other Financial Institutions is unlawful."

Debt Recovery Company cannot falsely claim that you have committed a crime or say you will be arrested if you don’t repay the money

No agency can issue arrest warrants or have you put in jail. Furthermore, failing to repay a credit card debt, mortgage, car loan, or medical bill in a timely manner doesn't land you in prison. 

That said, if anyone receive a legitimate order to appear in court on a matter related to a debt and he or she doesn't show up, the judge could issue a warrant for his or her arrest. And, if anyone fail to pay a court fine related to the debt, or refuse to pay, they could go to jail.

So next time if you receives a call and the company says that they will issue warrants against you, or will come at your door and will humiliate you, then do not forget to take assistance with local law enforcement agencies. 

Tabish Sarosh & Associates the law firm actively support in term of Free Legal assistance- and legal help to the victim of harassments by financial institutions and always take legal stand for the legal rights of child and women …contact us for 24 hours free legal assistance at 9971695444. 





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