How to get legal assistance for banking and insurance purpose in Kochi?
There are numerous cases in which recovery agents who try to collect dues on behalf of the banks are acting oppressively and illegally. In recent years, an 81-year-old woman has been severely threatened and has received 375 threatening calls concerning her children's unpaid bank charges. To show an example, there have been many instances of this kind. She subsequently moved to the police and filed a case against these agents. These cases show that in India, recovery agencies create absolute fear. A recovery agent is looking for customers and organisations, which owe banks payments. Many of these recovery agents collect duties on a fee or percentage of the amount owed from the banks' customers. In general, these agents are third parties, since they are not part of the original contract. People face humiliation not only in front of families or friends but also in genuine risks. There are several situations in which customers have committed suicide or faced serious...