Write a letter to the Legal Department in the Head Office of your bank; seeking advice on what action should you take on a loan defaulter.
Posted by Ripon Abu Hasnat on Wednesday, May 28, 2014 | 0 comments
Our Ref: legal/19/default/09
Thursday May 08, 2012
The Legal Advisor
Bangladesh Krishi Bank
Head Office, Motijheel
Dhaka 1000
SUB: SEEKING LEGAL ADVICE REGARDING A LOAN DEFAULTER
Dear Sir,
Chittagong Diary
Products Ltd. is a valued party of our branch. They have been banking with us
for the last 12 years.
But, of late, the
party is not responding to our repeated requests to pay their installments of a
long-term loan. They have already failed to pay three installments and the loan
has already been classified.
According to our
normal banking practice it is high time we instituted a case against them in
the “Ortho Rin Adalat”. But, we are afraid, they will stop banking with us if
we file a suit against them.
Can we take any
legal measure that may motivate them to adjust the long-due loan? We have sent
them our reminders through letters. But, no legal notice has yet been served to
them.
Awaiting for your
early response.
Sincerely,
M
Manager
M
Manager
You can subscribe by e-mail to receive news updates and breaking stories.
0 comments for "Write a letter to the Legal Department in the Head Office of your bank; seeking advice on what action should you take on a loan defaulter."
Leave a reply