Loan taken from my friend without any legal agreement
I have taken a loan of 2 lacs from my friend and promised him i will pay him interest of 3%. I have paid him 1 lac with interest. I was in UK for my higher education and because of money problem i returned without completing my education. I have to pay him rest 1 lac of which i have paid 30000 and 25000 in total 55000. I told him i can't pay interest as i don't have money and said him that i will pay remaining 45000 by next month. After the miserable failure of my studies and returning to india i never went to my home staying in bangalore. My friend is repeatedly calling my parents and asking them to pay with interest. I am worried he may create some problem to my parents. Please advise me what to do. I told him repeatedly that don't call my parents i am arranging money i will give it to him and they have nothing to do with it. But he is sending some people to my home and creating problems. I am presently in bangalore and i am basically from telangana (andhra pradesh). i am now seperated from my family and we don't have any relation after my return to india.
Asked 8 years ago in Civil Law
I have already informed him about my crises. I am not living in telangana state (my home town). I am living in karnataka. I went to police station in karnataka (Bangalore) last night they said lodge complaint in telangana. My friend is presently not living in india he is in US and he is sending some of his relatives and friends to my home. I have sent and email to ASP about the same as below. will this create a problem for me if i issue legal notice to him and the people who are involved in this. I am worried that my parents may face problem.
Sir,
My name is Mohammed Khasim, I am a native of Bhadrachalam, Khammam, Telangana - 507111. I lived with my parents there at # 15-1-27/2, seetha raam nagar, Bhadrachalam.
In 2014 I went to UK for my higher education, and i fall short of some money and took 2 lakhs from my friend Ravi Nasu then resident of Bhadrachalam near government hospital, near to bikkumalla rice mill, now he moved to US. I have repaid him 1 lakh 55 thousand. Need to repay 45 thousand. As i fell short of money i returned to India in September 2015 and have no contact with my parents and residing in Bangalore.
I don't have a regular job, I am trying to repay the remaining amount to my friend Ravi Nasu, but he is claiming interest and threatening that he will go to my parents and send some people and create problem to them. I am worried that he may create some problem to my parents and family.
I am trying to repay the remaining amount 45 thousand to them by next month. As he started texting me over facebook that he will send people to my home and create trouble. I am worried. In this regard I tried contacting the Bhadrachalam police over phone, they shouted at me saying is this the time to call as I called them at 1:00 AM 14th Feb 2016.
Please Sir, I need your help sir. please help me in this regard. I am sending you the messages sent by my friend Ravi Nasu and attaching the details of payments i made to him. Please protect my parents and family.
I have paid RAvi Nasu 1,06,000 and 30,000 and 25,000 last month. by next month i ll pay him rest 45,000. he is demanding 93,000 from me which i cant pay. i dont want to have any relation with my parents as because of me they have to face all these. please sir help me. i will pay him next month i mtrying to convience him but he is reluctant to send people to my house in bhadrachalam and create problem to them.
Asked 8 years ago