Legal Question in Consumer Law in India

Personal loan and credit card dues

Sir

I have taken a personal loan 16lacs from bank for 48 months and so far paying my dues on time and paid so far 24 months also i have credit card dus to the tune of rs 7.50lacs now the problem is i will jobless next month and wont be able to pay anything as i ma baharin and earning rs 65k after march i wont be able to pay to anybody i have even send a word file to banks with all the conditions i ma in to and seests i held what can i do to avoid the problem that may arise in future when i will be back to india also my freinds have tried getting me job but due to recession they couldnt find the job for me also i lost almost INR 1 miilion in share tarding which i borrowed from my friend and credit card liablity arise because of paying to him so far i paid him 7.5lacs and still 2.5 lacs yet to be paid to him pls suggets a solution as i am not worried about legal actions but about my creditors who have impose trust on me and i couldnt live up to thier expectations i have a house belongs to my mother which can fetch INR 2million but even in this recession no body is ready to buy otherwise i would have sold that house and live on a street i dont mine my mother also agreed for the same to tell you my wife left me 8yrs back

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