Legal Question in Bankruptcy in India

i owe around 8 lakh to the credit card company as i have lost my job for more than six month i can not pay anything i have nothing to sell as ii live in my parents now do to financial distress someone told me to file bankruptcy but i dont know anything and now money collectors everyday show in my door.will you suggest me anything


Asked on 10/28/11, 7:01 am

1 Answer from Attorneys

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Bankruptcy will also cost you money. You may better make efforts to settle the matter with the credit card company to avoid further costs/expenses.

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Answered on 10/28/11, 9:01 am


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