Tag: Debt Recovery

Debt impacts finances and emotions. Learn how to manage debt stress, seek expert help, and create a plan to regain financial stability and peace.

Understanding your rights as a guarantor is essential, especially when the primary borrower defaults. This guide covers key rights, protections, and steps you can take to avoid harassment or undue financial burden, helping you make informed decisions and protecting yourself legally.

In India, debt recovery is a complex procedure involving various players and methods. Banks, financial institutions, and private creditors have the right to pursue unpaid debts, often employing specialized agencies or in-house teams. These entities use a range of tactics, from gentle reminders to more assertive measures, but all methods must remain within legal bounds.