My wife had filed a 498a against me and 125 Cr.P.C. I have a personal/car/credit/company loan/maintenance. Until recently I have been paying all. Due to personal and life dis-satisfaction/humiliation/depression I had quit my job.Can someone please let me know what the consequences are of if I cannot pay back. I donot have any assets and was staying a rented place. But now I have moved to a friends place as I could not pay rent.I had taken the personal/company loan for my wife/in-laws when in good terms.
Can someone explain the legal consequences of my not meeting my commitments since I had given them cheques. Please let me know what is the sequence for next 5 years.Thank you All for reading this patiently. Appreciate all responses.