03 June 2009
Dear Sirs, I have taken Personal loan and credit card loans from various banks for starting of Aqua culture business. But now I am not in a position to repay this amount since I have lost all my money in the Aqua culture. Intially i have managed by getting new loans to pay my loans. slowly increased my loan amount one by one because of paying my monthly dues. Now my total emi comes around Rs.80000, Now I am finding very difficult pay my dues. I have informed my bankers about my critical situation and they are not coming for counseling / considering my case. No assets for my family. Now no more ways for paying my dues. But I wanted to be genuine to the bankers. Kindly guide me what should I do for managing my situation.