Legal Question in Credit and Debt Law in India

I am abusiness man.I took some lakh rupees to a another cloth merchant on interest.after some time I wentfall in financial troubles.in that situation fianacer under stood and give start pressure I compromised on high interest rates to him 10-20 percent per month his black mailings are start till now I have completed payment 10times more to actual payment.please help me what I do he have my 27blank chack with out dates and amount but my signature s are their.and many my letterpades slips which wwritten by me self but all slips are older about 18 months and more.chack are also older about 20months and more they're simple checks without cst.I completely finish me self and I surrounded to many fianace ers for arranging this kind of payment s and also other fianace rs did same please help me

Asked on 2/26/14, 8:03 pm

Fca Prashant Chavan Expert Edge LLP

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27.02.2014

Dear Sir / Madam,

"Know when to hold.

Know when to fold."

Capital is the fuel of business. How far do you think your car will run on credit ?

Regards,

Answered on 2/26/14, 9:43 pm

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