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#1 What Are My Rights Against Illegal Recovery Practices?

What Are My Rights Against Illegal Recovery Practices?

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Question:

What are my rights against illegal recovery practices?

A

Answer:

You have the right not to be abused, threatened, shamed publicly, or contacted at odd hours or through your contacts.  The RBI says that recovery agents for regulated lenders must act fairly. If they hurt you, threaten you, or spread false information about you, you can report them to the police as criminals.

By Advocate BK Singh Supreme Court | High Court | Tribunals