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Kumar (engineer)     27 April 2014

Free from Debt

Hi,This query is for my uncle who was propreitor for a buisness.Being not educated,he was more like rubber stamp and another person from family was doing daily operations and finance.My uncle had signed cheques,but funds from bank were not available due to unknown reasons. So he has two check bounce cases against him, one he got bail and recently he is having one arrest warrant as he was not made aware of the summons. If the business is under loss, what should my uncle do to avoid any further cases due to outstanding cheques. He owns a house,other than that he has zero balance in bank now.He has no clue how many cheques are signed and actual financial status. How can he come out of this?


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