Case Study: Guiding a Vasai Client Through ₹63 Lakhs Of Debt & Legal Challenges
August 1, 2025
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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.
We can negotiate your settlement so that you become debt free, in most cases without it affecting your credit score.