• Loan default, summoned to civil court

I had taken a loan from HDFC bank and 60K of the loan is remaining. I have not being able to pay for last 3 months as i have been unemployed for the last 6 months. 
Now the bank has summoned me to the civil court in hyderabad to appear before a judge. 
What kind of punishment or consequence can i face?
Asked 3 years ago in Civil Law from Hyderabad, Andhra Pradesh

Ask a Lawyer

Get legal answers from top-rated lawyers in 1 hour. It's quick, easy, and anonymous!
Ask a Lawyer

Civil Lawyers

Ajay Sethi
Advocate, Mumbai
26014 Answers
1415 Consultations
5.0 on 5.0
T Kalaiselvan
Advocate, Vellore
16372 Answers
153 Consultations
5.0 on 5.0
Ashish Davessar
Advocate, Jaipur
19108 Answers
484 Consultations
5.0 on 5.0
Krishna Kishore Ganguly
Advocate, Kolkata
13167 Answers
280 Consultations
5.0 on 5.0
Nadeem Qureshi
Advocate, New Delhi
3717 Answers
140 Consultations
4.9 on 5.0
Shivendra Pratap Singh
Advocate, Lucknow
2969 Answers
45 Consultations
4.9 on 5.0
Rajgopalan Sripathi
Advocate, Hyderabad
944 Answers
64 Consultations
5.0 on 5.0
Ajay N S
Advocate, Ernakulam
1986 Answers
23 Consultations
5.0 on 5.0
Thresiamma G. Mathew
Advocate, Mumbai
1353 Answers
93 Consultations
5.0 on 5.0
Kiran N. Murthy
Advocate, Bangalore
810 Answers
55 Consultations
5.0 on 5.0