A Reader Writes,
Hi,
I don't know where to start from
I had many Credit Cards from Citi, Icici, HSBC and HDFC and loans as well from HSBC, Citi and Icici.
I somehow got the Visa to go abroad and I thought I will go abroad then it would be easier for me to earn and payoff for all my cards and loans. But when I came here the situation was really bad and there are no jobs.
Now I am in a situation that I might have to come back but as I am a DEFAULTER with almost all the banks and have no or almost some money and I can't pay all the money to the banks coz I don't have that money.
And I don't know from where someone has got my Abroad contact Number and address and they have started calling me at the odd hours and my wife is really worried about the whole situation.
And also, if I open an account with any bank they will probably will block the money in my account.
Now I so much troubled that I am at a situation of going mad or have to see a psychiatrist because of this problem.
Please suggest me what can I do to come out of it.
I would really appreciate your help or suggestions
Kind regards
Kunwar
1. If you open a New Bank Account they can't Block the Money.
2. Since you mention are a Defaulter with 4 Credit Cards and 3 Personal Loans, are you sure their are no criminal proceedings against you in the Indian court of Laws ? If their are then seek a Lawyers Advise as the case is beyond negotiations even with BCSBI
http://credit.cardbhai.com/2009/12/how-to-settle-credit-loan-defaults.html
