One of my friend had given 5 Blank signed cheques (1 of his wife , 1 of Father and 3 his own) to somebody.
He has taken Rs 6 Lakhs all in Cash. However, he is able to replay only half of the amount. His intention was really honest but due to his economical circumstances he is not able to pay debts.
The lender is asking to anyhow arrange and pay and threating that if he will not pay in a week or two he will get the cheque bounced for 12 Lakhs rupees from 5 different cities and his wife and father will have to travel to differnet stations for legal course.
Kindly help what can be done.