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Took loan of 12 lakhs now I am Bankrupt how to do deal


16-Dec-2023 (In Recovery Law)

I have loan around 12 Lakhs which includes credit cards, personal loans, mortgages and private financiers lending. As of now I am bankrupt and unemployed, homeless. I need help.

Answers (1)

Answer #1
174 votes

You will have to repay the loan, or else the bank can file recovery case against you. Try to resolve the matter amicable and settle the matter.

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