About

Loan Settlement

Our team provides specialized services for loan settlement, ensuring a hassle-free and secure process. We handle negotiations, documentation, and legal formalities to help you settle your loans efficiently.

  • Loan Negotiation and Settlement
  • Documentation and Legal Formalities
  • Debt Restructuring
  • Interest Rate Negotiation
  • Legal Representation
  • Case Defence
50 people have availed this service in last month

How you can approach?

Talk to our Financial Advisor

Connect with our financial advisor to discuss your loans and EMIs and check your eligibility for loan Settlement, and take the first step towards becoming debt-free.

Evaluation

Our Financial Advisor will conduct an evaluation of your income and debt status to determine your eligibility for a settled loan program that is best suited to your unique needs.

Enroll

Connect with our financial advisor to discuss your loans and EMIs and check your eligibility for loan Settlement, and take the first step towards becoming debt-free.

How We Work?

Residential & Commercial Loan
Loan Negotiation and Settlement
Purchase
Documentation and Legal Formalities
Refinance
Debt Restructuring
Construction
Interest Rate Negotiation
Car Loan
Legal Representation
Personal Loan
Case Defence
Services

Our Debt Relief Services

Personal Loan Settlement


In this process, we aim to negotiate the best possible Settlement plan with the creditor(s) and repay the Settlement amount, which is a more feasible amount than the total amount owed.

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Credit Card Loan Settlement


Credit card debt incurs a higher interest rate and additional fees, making it challenging to repay the debt. These extra interest charges contribute to an escalation of the debt amount, in addition to causing financial strain. Furthermore, it impedes one's capacity to save and invest the available funds.

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Home Loan Settlement


Home loan Settlement occurs when the borrower and lender reach an agreement to pay off the remaining loan balance. This typically happens in situations where the borrower is unable to keep up with the loan payments. In some rare cases, lenders may even offer financial incentives to borrowers who opt to settle their debt.

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Vehicle Loan Settlement


The vehicle loan Settlement is the amount required to pay off an existing vehicle loan fully. Often used interchangeably with "payoff amount," vehicle loan Settlement is typically presented as time-sensitive quotations that can fluctuate from one day to the next.

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Education Loan Settlement


Education loan Settlement refers to engaging in negotiations with a lending institution to arrive at mutually agreed-upon terms for repayment of an education loan. In situations where borrowers are experiencing financial hardship and cannot fulfil their loan obligations, they may consider exploring the option of loan Settlement to resolve their outstanding debt.

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Anti-Harassment Strategy


Harassment by recovery agents is quite common in India, despite several Supreme Court judgments and RBI guidelines prohibiting harassment of borrowers. Our Anti-harassment Strategy is available to assist in such situations. Please read on to learn more about how we can help.

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Credit Score Builder


Improving credit score is not an overnight task. As part of the process, we will provide you with the support of a senior credit counsellor who will guide you through a period of 3-6 months or longer if necessary. Their expertise will help you make informed decisions and implement effective strategies to improve your credit score gradually.

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Settle Loan Program Benefits

Reduced Debt

with our settleloan program you can save a lot on your total outstanding debt, including paying our fees you can save some of the outstanding debt that you owed from the lenders.

Fastest Settlement Process

It takes an average of 24 months for our customers to become free from debt trap which they cannot pay even in 5 yrs. Our Settlement program is the fastest process to become debt-free.

Handling all calls and harassment

Our Settlement program will also help you to live a stress-free life as you can forward all your lender’s calls to our team to handle all harassment calls.

Achieved Milestone

39

Number Of Bank Loan Settled

213

Number Of Credit Card Loan

23Cr

Total Amount Settled

94%

Successful Verdict
Why Choose KHA ADVOCATES?
Expert Legal Guidance
Expert Legal Guidance

Our experienced property lawyers provide end-to-end legal assistance in property registration, ensuring a smooth and hassle-free process.

Protection from Fraud & Disputes
Protection from Fraud & Disputes

First-time buyers are at high risk of fraud. We help in detecting forged documents, disputed ownership, and unauthorized sales.

Liaison with Government Authorities
Liaison with Government Authorities

We handle all interactions with Sub-Registrar Offices, Revenue Departments, and other authorities, ensuring quick and lawful registration.

Handling Legal Disputes & Claims
Handling Legal Disputes & Claims

If the property has any pending disputes, encumbrances, or third-party claims, we provide expert legal assistance to resolve them.

Trustworthy & Transparent Services
Trustworthy & Transparent Services

Our client-centric approach ensures honest advice, timely execution, and complete transparency throughout the process.

FAQ

Frequently Asked Questions
Is loan settlement the same as loan closure?

A: No. Loan closure happens after full repayment, while loan settlement involves a compromise on the outstanding amount.

When should someone consider loan settlement?

A: When facing severe financial hardship like job loss, health issues, or business failure, and unable to repay the loan in full.

Will loan settlement affect my credit score?

A: Yes, it negatively impacts your credit score as it’s reported as “settled” instead of “closed.”

Can a settled loan be challenged by the bank later?

A: Yes, if proper documentation isn’t executed, banks may pursue legal action. Legal assistance ensures protection.

What documents are required for loan settlement?

A: Loan agreement, ID proof, bank statements, notice copies, correspondence with the lender, and income proof.

Do I need a lawyer for loan settlement?

A: Yes, to ensure proper negotiation, legal documentation, and protection from future liabilities.

What is a loan settlement letter?

A: A written agreement from the lender acknowledging the mutually agreed settlement amount and confirming no future claims.

Can banks harass me before or after loan settlement?

A: Harassment is illegal. KHA ADVOCATES helps protect your rights and take legal action if required.

What is a No Dues Certificate?

A: It is a certificate issued by the lender confirming full and final settlement of dues.

What if a recovery agent threatens or harasses me?

A: It’s a criminal offense. We help file police complaints or court cases against such conduct.

Can banks file a case if I opt for settlement?

A: If a proper settlement is not documented, yes. Legal guidance ensures settlement is final and enforceable.

Can KHA ADVOCATES help me stop bank auctions or SARFAESI action?

A: Yes. We provide stay orders, file objections, and negotiate legally.

Do you represent clients in DRT or consumer forums?

A: Yes, we appear before DRT, DRAT, consumer forums, civil courts, and High Courts.

What if my property has already been seized?

A: We can help challenge it legally and explore negotiated settlement options.

Do you offer one-time settlement (OTS) advisory?

A: Yes, we guide in applying for OTS and negotiating with banks/NBFCs.

Can you help in reducing interest and penalties?

A: Yes, through legal negotiation and representation.

Can I get legal help for restructuring my loan instead of settling?

A: Yes, we evaluate restructuring, deferment, or moratorium options.

Will the settlement be valid without court involvement?

A: Yes, but proper documentation and lawyer verification are essential.

Do you help NRIs with loan disputes in India?

A: Yes, we specialize in representing NRIs and foreign clients remotely and in court.

Is your firm experienced in negotiating with NBFCs and fintech apps?

A: Yes, we handle cases involving NBFCs, digital lenders, and unregulated fintech apps.

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