Loan Settlement
Defaulting on loans or facing recovery actions from banks can be highly stressful for individuals and businesses. We specialize in representing borrowers in negotiating Loan Settlements (One-Time Settlement / OTS) with banks and NBFCs, ensuring financial relief and rehabilitation within RBI guidelines.
- One-Time Settlement (OTS): Negotiating settlements for Credit Cards, Personal Loans, and Business Loans to reduce overall liability.
- Defense Against Recovery Actions: Strategic representation in SARFAESI Act notices, possession letters, and recovery suits.
- Insolvency & Debt Restructuring: Restructuring business loans and drafting repayment proposals within bank policies.
- NBFC Dispute Resolution: Protecting borrowers from predatory lending recovery tactics and resolving disputes.
- RBI Guideline Compliance: Aligning settlement negotiations with RBI Fair Practices Codes and settlement circulars.
- DRT & Mediation Representation: Representing borrowers before Debt Recovery Tribunals and mediation forums.
