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pandurangaiah (nothing)     25 April 2012

Ip

 

Hi,

I have some debt which i cannot repay.

I already given promisory note along with cheque for almost all of them. some of them have date and many are blank cheques and promisory notes.

coming to my properties i already have sold all of them and cleared some debt.  but due to more interests, the debts are growing again and they now become uncontrollable. so i cannot clear the debts now. 

my salary is not enough for the interests of loan also.

first to construst house i got debt. then to pay interest i got another loan again. like this the debt become more now. in middle i sold my property also and cleard some debts.

i dont want to cheat anybody but now itis eating me .

will i get jail? what will  it going to happened?

so anyone can help me ? how can it b solvd?



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