Bankruptcy and debt
3 years ago
Hello sir/mdm,
In last year 2020 i was lost 13 lakh rs in shre market ane i was take this money from diffrent type of credit card.now i have no money to pay bank and also i have no any property in my own name
A.But who advised you to invest 13 lakhs in share market? Here is a small story for you
Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for Rs.100/- each. The villagers were ecstatic since there were tons of monkeys in the nearby forest.
The villagers, sensing this unique opportunity, went out to the forest and started catching the monkeys with ease. The man bought thousands at Rs.100/- and as supply started to diminish, the villagers stopped their effort.
After a month, he further announced that he would now buy at Rs.200/-. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms.
The offer increased to Rs.250/- each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!
The man (Boss) now announced that he would buy monkeys at Rs.500/-. However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man (Boss), the assistant told the villagers & investors ;
“ that he got a call from the man (Boss), & he had requirement of more Monkeys & will now buy at Rs.1,000/- each when he comes back”
“Look at all these monkeys in the big cage that the man (Boss), has collected. I will sell them to you at Rs.500/- each and when the man (Boss), returns from the city, you can sell them to him for Rs.1,000/- each.”
The villagers rounded up with all their savings, took heavy loans and bought all the monkeys return at Rs.500/- each . Then they never saw the man nor his assistant, only monkeys everywhere!
The monkeys had to let out and they went back to the forest. The villagers were left high and dry and they lost complete trust in life. They had huge loans to pay and they had absolutely no idea how meticulously they got trapped.
Now, please remember friends.. Greed can take you for a ride. Think about this story...which is applied by the Investment so called “Experts”.
It made a lot of people Bankrupt and a few filthy people rich in this monkey business
IF STOCK MARKET EXPERTS WERE SO EXPERT, THEY WOULD BE BUYING STOCKS, NOT SELLING ADVISE.
But this is the reality.. ….
(BUT IF YOU INTEND TO DO SOME KIND OF SETTLEMENT WE CAN SURELY HELP YOU OUT)
If you realize my professional skills, the time & efforts put in by me needs to be truly appreciated, and then Please “CLICK MY LIKES/ THUMBS UP/GIFT” button shown below this reply format & also CLICK/ WRITE a “REVIEW” in 5 star as I have answered your query in detail. Hope this information is useful
ADV. ANISH PALKAR (High Court)
Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for Rs.100/- each. The villagers were ecstatic since there were tons of monkeys in the nearby forest.
The villagers, sensing this unique opportunity, went out to the forest and started catching the monkeys with ease. The man bought thousands at Rs.100/- and as supply started to diminish, the villagers stopped their effort.
After a month, he further announced that he would now buy at Rs.200/-. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms.
The offer increased to Rs.250/- each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!
The man (Boss) now announced that he would buy monkeys at Rs.500/-. However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man (Boss), the assistant told the villagers & investors ;
“ that he got a call from the man (Boss), & he had requirement of more Monkeys & will now buy at Rs.1,000/- each when he comes back”
“Look at all these monkeys in the big cage that the man (Boss), has collected. I will sell them to you at Rs.500/- each and when the man (Boss), returns from the city, you can sell them to him for Rs.1,000/- each.”
The villagers rounded up with all their savings, took heavy loans and bought all the monkeys return at Rs.500/- each . Then they never saw the man nor his assistant, only monkeys everywhere!
The monkeys had to let out and they went back to the forest. The villagers were left high and dry and they lost complete trust in life. They had huge loans to pay and they had absolutely no idea how meticulously they got trapped.
Now, please remember friends.. Greed can take you for a ride. Think about this story...which is applied by the Investment so called “Experts”.
It made a lot of people Bankrupt and a few filthy people rich in this monkey business
IF STOCK MARKET EXPERTS WERE SO EXPERT, THEY WOULD BE BUYING STOCKS, NOT SELLING ADVISE.
But this is the reality.. ….
(BUT IF YOU INTEND TO DO SOME KIND OF SETTLEMENT WE CAN SURELY HELP YOU OUT)
If you realize my professional skills, the time & efforts put in by me needs to be truly appreciated, and then Please “CLICK MY LIKES/ THUMBS UP/GIFT” button shown below this reply format & also CLICK/ WRITE a “REVIEW” in 5 star as I have answered your query in detail. Hope this information is useful
ADV. ANISH PALKAR (High Court)
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A.Hi,
You may visit the bank officials and ask for extension of time period or installments.
However, more information is required to advice you properly.
If you find this helpful, do rate us.
You may visit the bank officials and ask for extension of time period or installments.
However, more information is required to advice you properly.
If you find this helpful, do rate us.
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Share
Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
The facts of the case stated by you are not clear.
However, you may visit the bank and request for extension of time period for repayment.
If you find this answer helpful, do rate us.
The facts of the case stated by you are not clear.
However, you may visit the bank and request for extension of time period for repayment.
If you find this answer helpful, do rate us.
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Share
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