Got Questions? We’ve Got Answers!
We know loan settlements and legal matters can be confusing, but don’t worry—we’re here to make it simple. From how the process works to what rights you have, find clear, straightforward answers to all your concerns. Let’s clear the confusion and take a step towards a stress-free, karza mukt life
Loan closure means repaying the full outstanding amount as per the original loan agreement, whereas loan settlement is a negotiation where we help you pay a reduced amount to close the loan. Settlement can provide relief from excessive debt, but it may impact your CIBIL score. However, we also offer CIBIL improvement services to help rebuild your credit score post-settlement.
While you can attempt to negotiate with lenders yourself, it often leads to unfavorable terms or outright rejections. Our experienced legal and financial experts negotiate on your behalf to secure the best possible settlement, ensuring you pay the lowest amount legally possible while protecting your rights.
Yes, loan settlement is a completely legal process. Banks and NBFCs are allowed to settle loans through negotiations. Our role is to legally structure the settlement, ensure fair terms, and protect you from any future complications.
We help settle various types of unsecured loans, including personal loans, credit card debt, NBFC loans, and more. If you are facing harassment or unfair recovery practices, we also provide legal support to protect your rights.
Absolutely! Stopping harassment is one of our core services. If you’re receiving abusive calls, threats, or home visits from recovery agents, we take immediate legal action to protect you. No lender or recovery agent has the right to harass you, and we ensure they follow legal procedures.
NBFC loans are loans taken from Non-Banking Financial Companies instead of traditional banks. These loans often have higher interest rates and aggressive recovery tactics. We negotiate with NBFCs to reduce your outstanding debt and stop harassment through legal means.
Yes! Every settlement we negotiate is backed by a legal contract to ensure there are no future claims from the lender. This legally protects you from any additional payment demands after the settlement is completed.
Our process is simple and completely legal:
1️⃣ Assessment – We evaluate your outstanding loan and financial situation.
2️⃣ Negotiation – Our legal experts negotiate with your lender to reduce your debt.
3️⃣ Agreement – Once the lender agrees, we secure a legal contract for settlement.
4️⃣ Payment & Closure – You pay the agreed amount, and we ensure your loan is marked as settled and legally closed.
It depends on the complexity of your case, but most settlements are completed within 30-90 days. We work swiftly to get you the best possible deal in the shortest time.
No, once you hire us, we handle all negotiations and legal matters on your behalf. You don’t have to worry about calls, emails, or lender pressure—we take care of everything while keeping you informed at every step.
No, loan settlement does not require court proceedings. It is a mutual agreement between you and your lender. However, if your case involves legal action, our litigation experts are ready to represent and protect you.
No! The whole point of settlement is to reduce your loan burden. Our expert negotiators work to cut down your total payable amount significantly, often by up to 50-80%, depending on your case.
If not handled properly, lenders can sometimes reopen settled accounts and claim additional payments. This is why we ensure every settlement is backed by a legal contract, protecting you from any future disputes.
If you ignore your loan, lenders may file a legal case against you, send recovery agents, or even seize your assets (if it’s a secured loan). Instead of waiting for the situation to escalate, settlement helps you close the loan at a reduced amount and avoid future legal trouble.
Yes, but since settlement affects your CIBIL score, getting a new loan may be challenging. However, with our CIBIL improvement services, we help repair your credit score, increasing your chances of getting loans in the future.
We offer affordable, transparent pricing with no hidden fees. The exact cost depends on your loan amount and case complexity. Our team discusses all details upfront before we proceed.
No, once we initiate the settlement process, your EMIs stop as we work on negotiating a final reduced amount with your lender.
This depends on the lender. While some accept lump sum payments, we try to negotiate flexible installment plans based on your financial situation.