Negotiation and settlement of credit card dues with the bank

Question

Q: Need your assistance to settle cards. The case has not been filed yet but I want to settle ahead of that… A: It is a positive sign that the financial institution has not filed a case yet as this gives us room to negotiate and close the matter before it commences legal action…

Hari Wadhwana · Accepted Answer

Dear Sir/ Madam,

Thank you for getting in touch with me on this.

I understand that you have credit card dues with a financial institution. However, you have not mentioned how many cards and the amount of dues pending with the bank as on date.

It is a positive sign that the financial institution has not filed a case yet as this gives us room to negotiate and close the matter before it commences legal action.

For reason of confidentiality and privacy, I would request you to send me the details of the financial institution and amounts due on email.

I trust you will find this in order.

Regards,

Hari Wadhwana

052-9495731

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