In today's cutthroat world of loan recovery, it's important for borrowers to know and stand up for their rights under RBI (Reserve Bank of India) rules. Advocate BK Singh leads LoanSettlementLawyer, where we help borrowers who are being harassed, misled, or unfairly targeted by banks, NBFCs, recovery agents, or ARC companies with all of their legal and advisory needs.
We help people and businesses understand their rights under the RBI, which include protection from coercive recovery tactics, fair disclosure, resolution frameworks, restructuring options, and ways to get their complaints heard. We make sure your voice is heard, your rights are protected, and your legal position is strong, whether you're getting threatening calls, have been served with a SARFAESI notice, or your property is up for auction.
We help people and businesses understand their rights under the RBI, which include protection from coercive recovery tactics, fair disclosure, resolution frameworks, restructuring options, and ways to get their complaints heard. We make sure your voice is heard, your rights are protected, and your legal position is strong, whether you're getting threatening calls, have been served with a SARFAESI notice, or your property is up for auction.
What This Service Includes:
A legal understanding of all RBI Master Circulars and Directions that apply to borrowers
Evaluation of banks' or NBFCs' unfair practices
Help with filing complaints with the RBI Ombudsman or Banking Lokpal
Answering loan recall notices, SARFAESI Act notices, and Section 13(2)/13(4) actions
Guidance on restructuring, settlements, and the RBI's rules for dealing with stressed assets
Protection against illegal behavior or harassment by recovery agents
Legal advice on problems with secured and unsecured loans, foreclosure disputes, and stopping auctions
Help for companies that want to use Resolution Framework 2.0 or Corporate Debt Restructuring (CDR)
Representing you in front of the DRT, DRAT, and High Court (if necessary)
A personalized legal plan to protect your rights and get better terms
Why Pick Us?
More than 19 years of experience with RBI compliance and borrower rights
With the help of Advocate BK Singh, a name that thousands of clients in India trust
A lot of knowledge about banking laws, RBI circulars, the SARFAESI Act, and the IBC framework
We believe in safety, problem-solving, and empowering people with legal authority.
Reviews from Real Clients
*****
"After months of harassment from my NBFC, I went to Advocate BK Singh." His team filed a detailed complaint with the RBI Ombudsman and stopped all threatening actions. I can finally sleep well!
— S. Mehta, Gurgaon
*****
"LoanSettlementLawyer helped us fight a false SARFAESI notice and put off the sale of our property." They taught us about our rights and backed it up with strong legal action.
— Rajesh T. from Pune
*****
"I didn't know borrowers had so many rights until I talked to Advocate BK Singh. He explained every RBI rule in a way that was easy to understand and took on my case without fear.
— Neha Joshi, Mumbai
*****
"When the bank sent me a recall notice, I freaked out. However, BK Singh's team reviewed the RBI's instructions and wrote a strong response that prompted the bank to consider settling.
— Deepak Rana, Noida
*****
"Very professional service." They fought for our MSME rights under the RBI restructuring plan and kept our factory from being taken over. "Thank you so much!"
— Surat's Sunita & Mohan Traders
*****
"After months of harassment from my NBFC, I went to Advocate BK Singh." His team filed a detailed complaint with the RBI Ombudsman and stopped all threatening actions. I can finally sleep well!
— S. Mehta, Gurgaon
*****
"LoanSettlementLawyer helped us fight a false SARFAESI notice and put off the sale of our property." They taught us about our rights and backed it up with strong legal action.
— Rajesh T. from Pune
*****
"I didn't know borrowers had so many rights until I talked to Advocate BK Singh. He explained every RBI rule in a way that was easy to understand and took on my case without fear.
— Neha Joshi, Mumbai
*****
"When the bank sent me a recall notice, I freaked out. However, BK Singh's team reviewed the RBI's instructions and wrote a strong response that prompted the bank to consider settling.
— Deepak Rana, Noida
*****
"Very professional service." They fought for our MSME rights under the RBI restructuring plan and kept our factory from being taken over. "Thank you so much!"
— Surat's Sunita & Mohan Traders
? Ten Most Common Questions What are the borrower's rights under RBI rules?
Q1. What are the rights of borrowers under RBI rules?
RBI rules protect borrowers from unfair practices, make sure that lending terms are fair, and give borrowers a way to complain if banks or NBFCs break the rules.
Q2. Can a bank hire recovery agents to bother me?
No. RBI does not allow recovery agents to use threatening or abusive methods. You can sue people who act this way.
Q3. What if I didn't pay because I lost my job or had a medical emergency?
RBI lets real defaulters make restructuring and resolution plans. You might be able to get help through Resolution Frameworks.
Q4: How do I file a complaint with the RBI Ombudsman?
Our company writes and files complaints with the RBI Ombudsman, either online or offline, with legal reasons and proof.
Q5. Is it possible for me to stop a bank from selling my house?
Yes, auction can be put off or stopped in many cases if the borrower has the right legal representation and follows the law.
Q6: What does a Section 13(2) SARFAESI notice mean?
It's a letter from the bank asking you to pay your debts. In order to protect your rights, you must respond legally within 60 days.
7. What should I do if I get a Section 13(4) possession notice?
If the notice violates the borrower's rights, we write objections and file them in the DRT or High Court.
Q8. Is a One-Time Settlement the only choice I have?
Not all the time. We look into restructuring options that the RBI requires, negotiated settlements, or even going to court.
Q9. Do these RBI protections also apply to loans from NBFCs?
Yes. Most regulated businesses, such as NBFCs and cooperative banks, have to follow RBI rules.
Q10. Is the consultation with your lawyer private?
Yes, absolutely. All meetings with LoanSettlementLawyer and Advocate BK Singh are completely private and protected by client-attorney privilege.
Are you having a legal problem in Borrower Rights Under RBI Guidelines Advisory? You don't have to deal with it alone. Let's discuss your situation and explore the best approach to handle it together.
There is no pressure, no legalese that is hard to understand just straightforward, honest advice from someone who has helped many people in Borrower Rights Under RBI Guidelines Advisory who were in the same boat.
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