if person is unable to paycredit card cash advance money? non repayment of debt?

Credit on May 20th, 2011 2 Comments
GAURAV asked:

if a person has withdrawn amount from credit card and don have the ability to repay the loan what would be the legal consiquencies he can suffer, any idea about the law of non repayment of debt and what is the definetion of simon (warrant). and how much credit history is necessory for a person.
any fine or presonment can be given to a person on the account of non repayment or debt

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2 Responses to “if person is unable to paycredit card cash advance money? non repayment of debt?”

  1. tongue says:
    May 22, 2011 at 8:00 pm

    depends on the amount

  2. Amarnath C says:
    May 22, 2011 at 8:02 pm

    Generally,they will try to recover with costs n interest/Charges.
    To avoid problems ..its better to clear the dues time to time.
    All the best.