Loan not paid as job lost
I have taken a personal loan of 1 lakh from a nationalized bank. After repaying some regular EMI's they offered to enhance the personal to Rs:2 lakhs which I accepted. After paying regular EMI's to the tune of 1.05 Lakhs I lost my job and there was delay in payment and they issued a court notice which was dismissed 5 years ago. Now after 5 years I received a phone call from the bank asking me to attend Lok Adalat for settlement. What is your advise. Thanks.
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