Legal Question in Bankruptcy in India
is it possible to file bankruptcy as i owe lot of money and do not have job to pay
Asked on 10/28/11, 6:53 am
1 Answer from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Yes,filing of bankruptcy is one of the options; however, it may be costly and uncertain. Better to reach amicable settlement with your creditors.
Answered on 10/28/11, 9:02 am
Related Questions & Answers
-
Sir, i have a loan of 4 lakhs for which EMI of last 8 months are pending. i have... Asked 10/24/11, 2:00 am in India Bankruptcy Law
-
My employee did fraud with me of rs30lakhs and i have to make payments around... Asked 10/19/11, 11:52 pm in India Bankruptcy Law
-
I got a CC limit form Bank and last year I pay Rs 1,40,000/- as intrest to bank .... Asked 10/15/11, 5:27 am in India Bankruptcy Law
-
I am a govt employee. I have loans from banks and private. ido not have any assets.... Asked 9/30/11, 9:37 am in India Bankruptcy Law
-
I am a state govt employee.i have debts both in banks and in private.i have no... Asked 9/30/11, 9:22 am in India Bankruptcy Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
