Case Study 1: One Time Settlement (OTS)
One Time Settlement (OTS) for a businessman wishing to clear two loans. Total outstanding debt was ₹19,13,269 settlement agreed for ₹6,40,000 enabling the client to be debt free with a saving of ₹12,73,269
A company director from Mahabubnagar had approached us to obtain a settlement for two of his loans. He was struggling to service them due to a downturn in business because of the Covid-19 lockdown and wanted to be debt free. He was experiencing creditor harassment with continuous calls and visits to his business address.
He had unsecured loans from Bajaj Finserv and had missed 6 EMI payments. The total outstanding debt was ₹19,13,269. We were able to negotiate a one-time settlement with a 67% discount reducing the balance owed to just ₹6,40,000 as full settlement of the loans. Saving him ₹12,73,269 from the original balance due.
Our Advocates checked the authenticity of the bank’s settlement, vetted the settlement letters to ensure that the debt was marked as full and final as per the negotiated terms.
6 Responses
Please help me
We understand you’re seeking help, and we want to assure you that we’re here to provide assistance. To best understand your situation and how we can support you, please reach out to us directly.
You can contact us at:
022 68762607
+91 86554 48389
Email us: info@settlemyloan.in
We’re ready to listen and help you find a solution.
Sincerely,
The Settle My Loan Team
Loan recover problem
We understand that dealing with loan recovery issues can be stressful. We’re here to help. Please contact us at:
022 68762607
+91 86554 48389
Email us: info@settlemyloan.in
Sincerely,
The Settle My Loan Team
Contact me i want to settle my unsecured loan of bajaj finance
Thank you for reaching out. We understand you’re looking to settle your unsecured loan with Bajaj Finance, and we’re here to help. Dealing with unsecured debt can be overwhelming, and we want to assure you that there are solutions.
We specialize in assisting borrowers with debt resolution, including negotiating settlements with lenders like Bajaj Finance. Our team can help you explore options such as reducing your outstanding balance or creating a manageable payment plan.
To discuss your specific situation and explore how we can assist you, please contact us at:
022 68762607
+91 86554 48389
Email us: info@settlemyloan.in
We look forward to hearing from you and helping you achieve a positive resolution.
Sincerely,
The Settle My Loan Team