Rahul, a 29-year-old IT employee, found himself trapped in a cycle of debt. Multiple credit cards, high-interest rates, and unexpected medical expenses had pushed his total outstanding balance to ₹6 lakh. Collection calls became daily harassment, and he feared legal action.
The Struggle
Rahul had 5 active credit cards with EMIs and penalties piling up.
Recovery agents began threatening visits to his office and home.
His credit score had already dropped below 600.
Banks refused to offer him new restructuring options because of his past defaults.
The Turning Point
Rahul contacted Lawfully Finance for help. Our team carefully analyzed his loan and credit card statements, then created a customized debt settlement plan.
Steps We Took for Rahul
Stopped harassment calls by guiding him with legal complaint processes.
Negotiated directly with banks, reducing the outstanding by nearly 45%.
Structured payments into smaller, manageable installments.
Repaired his credit score, helping him reach 725 within 12 months.
The Results
Debt of ₹6 lakh reduced to ₹3.3 lakh through strategic settlements.
Cleared all accounts without any court case.
Rahul is now eligible for new loans with a much-improved CIBIL score.
Conclusion
Debt traps can feel endless, but with the right guidance, solutions are always possible. Rahul’s journey shows that legal, professional, and smart strategies can help anyone escape debt stress.
👉 At Lawfully Finance, we specialize in debt relief, harassment protection, and credit repair. If you’re struggling like Rahul, remember—you’re not alone.