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john christopher   02 November 2019

loan and cards repayment

I have loan of around some 12 lakh rupees.. I have married 1.5 years before. I have somehow manange to pay my emi and cards bills for past few years but from last month i cant pay my debts properly.. My salary is still 30k per month.. I have a baby girl who is 8month old now.. I cant pay my emi's for next few months.. Can you suggest me how can i able to free from this problems because i dont have properties or anything.. Can i apply for bankrupt and how.. Can you help to get understand this please.. I am in a very bad situation now


 1 Replies

Sb Karma   02 November 2019

Originally posted by : john christopher
I have loan of around some 12 lakh rupees.. I have married 1.5 years before. I have somehow manange to pay my emi and cards bills for past few years but from last month i cant pay my debts properly.. My salary is still 30k per month.. I have a baby girl who is 8month old now.. I cant pay my emi's for next few months.. Can you suggest me how can i able to free from this problems because i dont have properties or anything.. Can i apply for bankrupt and how.. Can you help to get understand this please.. I am in a very bad situation now

 

Make an application to the bank/NBFC where you have loan,and give proper reason for delay,agree to pay later with penalty.....they will definetly understand.

But don't forget to keep received copy of application.

 


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