Serious This year my debts went even higher

[Deleted member 21219]

I started out in 2020 (just after the demise of my dad) with around half a million USD in debt. End of the year, its increased to 0.7 million USD. I cant even betabux now if i wanted to.

Its pretty much over at this point JFL.

 

[Transcended Trucel]

Brutally over boyo. If worst comes to worst you maybe force to slum or village max

 

[Deleted member 21219]

Brutally over boyo. If worst comes to worst you maybe force to slum or village max

Even they would reject me ngl.

 

[Gymcelled]

Where did that debt come from?

 

[tehgymcel420]

Even they would reject me ngl.

Aren't you a 6'4'' Curry Chad?

 

[Deleted member 21219]

Where did that debt come from?

Banks.

Aren't you a 6'4'' Curry Chad?

No

 

[mNFwTJ3wz9]

Do you plan to pay it back?

 

[Deleted member 21219]

Do you plan to pay it back?

The debts are basically floating rate mortgages. Looks like ill be spending most of my life paying back the debts.

 

[Lookscel]

Shit that's brutal

0.7 million USD is retardedly high amount in curryland

 

[your personality]

 

[Deleted member 21219]

Shit that's brutal

0.7 million USD is retardedly high amount in curryland

Its 5 crore rupees.

 

[Lookscel]

Its 5 crore rupees.

That's beyond brutal......

 

[Deleted member 21219]

That's beyond brutal......

 

[Lookscel]

I wish you luck man. I hope your business does well so you can pay it off smoothly.

 

[Deleted member 24876]

$700k would be brutal for americans too, hopefully you find a way to get out of it.

 

[kikecel]

COME ON GOY, PAY UP
SCHLOMO NEEDS A NEW CAR FOR HIS RETARDED SON

 

[Blacktarpill]

Dude how did you even manage to get into so much debt in india?

 

[Deleted member 21219]

Dude how did you even manage to get into so much debt in india?

Bad decisions lol.

 

[BummerDrummerOG]

Shit that's brutal

0.7 million USD is retardedly high amount in curryland

Its 5 crore rupees.

How does it even go that high? Isnt there a credit system so banks won’t lend to you?

 

[Deleted member 21219]

How does it even go that high? Isnt there a credit system so banks won’t lend to you?

There is. My business got hit by the pandemic though.

Good luck man, looks like you're going to only eat rice and pasta for a long time.

I like both of those, so i dont mind. But sucks that i dont have money to spend on hookers.

 

[radishman]

Too bad you weren't born with a vagina. Simps would take care of it.

 

[Deleted member 21219]

Too bad you weren't born with a vagina. Simps would take care of it.

Fkin over.

 

[Selinity]

I started out in 2020 (just after the demise of my dad) with around half a million USD in debt. End of the year, its increased to 0.7 million USD. I cant even betabux now if i wanted to.

Its pretty much over at this point JFL.

how do you fuck your finances that hard?

 

[Deleted member 21219]

how do you fuck your finances that hard?

Its a combination of many factors, my lack of prudence being one of them. Only way out for me is to sell one of my assets which isnt easy during this time.

 

[Selinity]

Its a combination of many factors, my lack of prudence being one of them. Only way out for me is to sell one of my assets which isnt easy during this time.

what are you buying? do you have an addiction or smthn because you should:ve seen this comming tbh

 

[Deleted member 21219]

what are you buying? do you have an addiction or smthn because you should:ve seen this comming tbh

I cant go into detail without getting doxxed.

 

[ReconElement]

BROOTAL, you can't even liquidate your assets to pay for your debts at this time. Good luck, hope your buisness works out.

 

[⠀⠀⠀]

Can't you file for bankruptcy? Sorry for your dad, my dad has cancer so I know what it's like.

 

[Selinity]

I cant go into detail without getting doxxed.

DM, man it's private

 

[Deleted member 21219]

BROOTAL, you can't even liquidate your assets to pay for your debts at this time. Good luck, hope your buisness works out.

Exactly. Ill be fucked if i cant sell an asset in a years time.

Can't you file for bankruptcy? Sorry for your dad, my dad has cancer so I know what it's like.

My business is still functioning, so filing for bankruptcy would mean banks auctioning my assets at very low rates compared to market value.

 

[Deleted member 27161]

Fucking hell. Over

 

[Deleted member 24081]

Usury needs to be illegal

 

[Deleted member 21219]

DM, man it's private

So you think JFL. Basically we expanded, borrowings went up and market went down. Combination of different things really. I guess anyone can be prudent in retrospect.

Usury needs to be illegal

Iam still getting prime rates from the banks, so wouldnt call it usury.

 

[Deleted member 23712]

I started out in 2020 (just after the demise of my dad) with around half a million USD in debt. End of the year, its increased to 0.7 million USD. I cant even betabux now if i wanted to.

Its pretty much over at this point JFL.

Over for debtslavecels

 

[⠀⠀⠀]

My business is still functioning, so filing for bankruptcy would mean banks auctioning my assets at very low rates compared to market value.

I don't know how it works but can you sell your business first and then file for bankruptcy? Maybe that's the best thing you can do in your situation.

 

[Deleted member 21219]

I don't know how it works but can you sell your business first and then file for bankruptcy? Maybe that's the best thing you can do in your situation.

That can't be done. Besides, it's easier to sell an asset than a business.