I have a due of around 2 lack Rs. in Credit cards now i have no money to clear my debts, what shell

this due is just because of my x gf and a well known person, whom i trusted a lot. my x gf swiped my credit cards after our breakup for around 50,000 Rs. and the other person had swiped my cards on his pos terminal without asking me and later he promise me that hell settle the amount within tow months, but now its 1 and half year and ive not received a single bug from him, now please suggest me what shall i do to get out of this mazor issue i am in great tension, pls help me ..............

I have a due of around 2 lack Rs. in Credit cards now i have no money to clear my debts, what shell i do now ?

The best legal option could be file a bankruptcy petition for yourself. Your own carelessness, financial indiscipline or put it in word %26#039;Stupidity%26#039; won%26#039;t be available to you for any defence.

There could be other non-legal options as well!!

I have a due of around 2 lack Rs. in Credit cards now i have no money to clear my debts, what shell i do now ?

Dear, you have done a greate mistake, to belive your partners. You have been misused this card. That credit card was under strictly confidential. However, further, you may approach with the card authorities, or the representative.

for re-settlement of your card payment in easy method.

if, that authorities avoided you, then, please, do consultant

with a legal adviser

I have a due of around 2 lack Rs. in Credit cards now i have no money to clear my debts, what shell i do now ?

talk to the credit card compnay and ask for a repayment streached say over 2 years, ask them if they can waive interest. if your are working it should be easy for your to repay installments. See if you have any liquid assets to sell or pledge such as shares, nsc%26#039;s etc. Is there another friend u can borrow from. any other asset to sell and repay. the credit card debt if it piles up is extremely high interest to service. the best is a debit card, i have gone in for one

I have a due of around 2 lack Rs. in Credit cards now i have no money to clear my debts, what shell i do now ?

First Thing First, try to settle it with Credit Card company as soon as possible. Do everything you can but if you don%26#039;t succeed, in my opinion reduce the cerdit interest rate by taking a personal loan which may be available to you at around 20% to repay Credit Card balance, where interest may be as high as 40%. This is a serious problem you are in, and more time you waste, the problem will only worsen.

I have a due of around 2 lack Rs. in Credit cards now i have no money to clear my debts, what shell i do now ?

Just go on streets %26amp; begg to people

simpleeeeeeeeeeeeeee.

I have a due of around 2 lack Rs. in Credit cards now i have no money to clear my debts, what shell i do now ?

The way Banks in India are distributing Credit cards (Free), put a lot of people at ease initially, but they do not understand that it is just the beginning of the trouble. I can understand your state of mind very well, as I myself am a victim of these CCs, due to my mistakes or improper planning, because of which my expenses have shooted the income. I would advise you to approach the bank and request them to give a waiver in interest and convert the outstanding to an EMI (Equated Monthly Instalment) after freezing all the charges. I found only SCB and Citi to be co-operative in my cases. But really Government should educate the students from schooling itself to manage their life financially and safegaurd it from these never ending Circles of CCs and PLs.