Hi,
I'm not even saying that I will pay my personal loan and credit card payments. My total debt is Rs 2.75 personal loan and Rs. 190 Lacs credit card debt and from relatives & friends, another Rs.9.5 lacs.
I lost all my money in stock market trading since the last 2 years and am still losing now at this point of time. It seems this trading has become an addiction. I'm trying to come out of it but am unable to do it. But I've to very soon.
There is no way I can payback their money, its impossible. What should I do? I do not have any personal assets, no property, no appliances, in one word, I'm like a Sanyasi.
Indeed I'm thinking of becoming a monk very soon as I'm unfit to live in this civilized society.
What options do I have? Can I go to jail due to loan default and check bouncing? Or can I file for Bankruptcy?
Please let me know. I may not have been successful in making money but am nearly on track in finding a natural remedy for Type 2 Diabetes without any conventional medicines because I myself am the proof of it.
Please suggest what should I do?
Thank You,
J
