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i have to overcum from this situation . hw to go ahead. i am totally messed up. and nw the situation is bcom very worse and *** upto my brim.

2006-09-01 00:35:30 · 5 answers · asked by vinsha_goldie 3 in Family & Relationships Other - Family & Relationships

5 answers

I DONT REALLY UNDERSTAND YOU , BUT IF YOU ARE SAYING YOU ARE IN DEBT AND CANT GET OUT , FILE BANKRUPTCY...

2006-09-01 00:37:59 · answer #1 · answered by MARY B 3 · 0 0

Your strategy would depend on your monthly income and your expenditure. If you have a saving of about 4000 Rs per month you can take a personal loan to pay off your debt. If you have a property, you can Mortgage the same to pay off your debt. If you have some jwellery with your female family members, you can sell it off.If you can manage a loan from your relatives, you can pay off your debt. But try not to repeat this situation in future.

2006-09-01 07:45:18 · answer #2 · answered by nkbup2003 2 · 0 0

Option One EASY! Take 1.5 lac from another person and pay the current debt and keep rotating this cycle.

Option Two HARD! WORK, do something.

2006-09-01 07:52:39 · answer #3 · answered by Anonymous · 0 0

you can pay on installment until you fully pay your debt
dont spend on things that are not necessary, instead make use of it as your payment

try refinancing, those loans with easy repayment plans which you can afford

and worst comes to worst you can declare yourself bankrupt, theres a process for this so that your loan will be condoned up to a certain percent, if not 100%

2006-09-01 07:44:21 · answer #4 · answered by sheikaella 4 · 0 0

what kind of debts- credit card ignore them
business try to overcome it

2006-09-02 09:36:49 · answer #5 · answered by ? 6 · 0 0

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