Category: Debt Settlement

Explore the pros, cons, legal safeguards, and credit impact of One-Time Settlement (OTS) in India. Learn when to opt and how to negotiate effectively.

Borrowing money to invest in Bitcoin left many Indians trapped in debt, while gold delivered steady returns. Learn why using loans for risky investments is dangerous, how to avoid debt traps, and which safer strategies can protect your wealth.

In the global landscape of recovery practices, each chapter tells a story of both victory and adversity. Despite India’s flourishing economy and ambitious strides, it still struggles to maintain a fair balance between the human rights of borrowers and the interests of lenders.

The Reserve Bank of India (RBI) has been making waves in the financial sector with its innovative approach to regulation. At the forefront of this change is the RBI’s Regulatory Sandbox—a framework that allows fintech companies and financial institutions to test new products and services in a controlled environment.

When you take out a loan, whether for a house, car, or education, you expect the process to go smoothly. But what happens if something goes wrong? If you find yourself in a dispute with your lender, it can be frustrating and confusing at times. This is where an ombudsman comes into play. Let’s break down what an ombudsman is and how they can help you in loan settlement disputes.

Loan settlement helps borrowers resolve debt for a reduced amount. Despite misconceptions, it’s a strategic option that prevents defaults, minimizes financial strain, and aids recovery.