Are you reeling
under any debt related issue and remain worried due to the absence of no solid
ground? If your response is yes, things could turn complex if not managed
professionally and properly. In any monetary transaction, there are two parties
– the lender and the borrower. For example, if you have taken a loan from a
financial firm, the firm would be considered as the lender while you would be
treated as the borrowers. As a borrower, you need to abide by the repayment
terms but if sometimes wrong happens and your repayment schedule get affects,
the lender would be after you to get back the money he gave.
There could be
numerous instances where problems do come in any such transactions. And to deal
with them, there is DRT – Debt Recovery Tribunals. These are general courts
that primarily deal into such cases and there are DRT advocate lawyers inAllahabad that are meant to provide legal support to any of the parties. As
people don’t have extensive knowledge about the rights of lenders and
borrowers, it is necessary to seek legal option if things get unmanageable for
any of the parties.
In such cases,
advocate lawyers in Allahabad High Court play a crucial role by suggesting
their clients the right way towards complete peace of mind. As these issues
tend to affect people mentally, hiring a good DRT advocate means smooth case
proceedings and righteous results. Therefore, it becomes necessary to bank upon
a reputed and experienced lawyer in the region who can understand the situation
in detail and take necessary steps towards settlement between the creditor and
the borrower.
A sagacious
decision taken at the right time would pave the way for a mutually agreeable
results to both the parties.
Contact us
RK & Associate, Allahabad
105B , Malviya Road,George Town, Allahabad-211002
+91-980-7904-934
rkassociate230@gmail.com