Can I keep my car after loan write-off?
My car loan has been written off, and the car is still with me. I stopped paying the EMI 24 months ago and left the guarantor. The loan write-off is showing, and I am seeking your help. Could you please help me? If a case is filed, can I be jailed or issued an arrest warrant? Is it possible to keep the car with me? Please assist me.

Your car loan is written off, but you still have to pay the loan. You cannot be jailed just for not paying EMIs because loan default is not a crime. However, if the lender thinks you cheated or committed fraud, they may file a case, and a court could issue a warrant. It’s best to settle the dues if possible and get legal help to avoid problems.

If your car loan has been written off, the lender may still pursue the remaining debt. While jail time is unlikely unless fraud is involved, they can repossess the car. It's important to contact the lender to discuss repayment options or negotiate a settlement. Consider consulting a lawyer for guidance on your legal rights and options. For further legal assistance contact us on our helpline number.
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