Serious enquiry: Debt forgiveness

[tables]

I am not saying you are doing this..

but I have seen people in US who take loans in US to buy plots in india and then do widow crying here saying how to come out of debts.

[csrcsr]

2 minutes ago, tables said:

I am not saying you are doing this..

but I have seen people in US who take loans in US to buy plots in india and then do widow crying here saying how to come out of debts.

Chepadu bro some business venture and lossses

[Wrangler]

9 minutes ago, tables said:

I am not saying you are doing this..

but I have seen people in US who take loans in US to buy plots in india and then do widow crying here saying how to come out of debts.

Nen plots konaledu invested in bro in law business. 

[AverageDesiGuy]

GC vunte, I think you are safe to use debt forgiveness!

[SaradaChinnodu]

@Wrangler I guess you need to calm down and strategize bro...I will give you a little different perspective than brothers here.

 

100K is not worth filing bankruptcy, it may effect your long term prospects. If you serious enough to turn this around, you need to do two things

 

1)start budgeting strictly

    *Cut down all unwanted expenses

    * Eat at home 

    * Talk to your family members and trim down your life style wherever u can.

 

2) Look for options to increase your income

   * If you are remote, look for second job

   * Uber/Lyft, door dash or work in stores as checkout personnel...idk find something that works for you.

   * this could be a long term thing but try to learn something new and go for high income job

 

Most importantly, never repeat what you have done. The more serious and dedicated you are the better this thing works. Remember this is going to be a boring process and its all worth it at the end. And your soul will feel better too if you can make it happen. 

 

[Wrangler]

6 minutes ago, SaradaChinnodu said:

@Wrangler I guess you need to calm down and strategize bro...I will give you a little different perspective than brothers here.

 

100K is not worth filing bankruptcy, it may effect your long term prospects. If you serious enough to turn this around, you need to do two things

 

1)start budgeting strictly

    *Cut down all unwanted expenses

    * Eat at home 

    * Talk to your family members and trim down your life style wherever u can.

 

2) Look for options to increase your income

   * If you are remote, look for second job

   * Uber/Lyft, door dash or work in stores as checkout personnel...idk find something that works for you.

   * this could be a long term thing but try to learn something new and go for high income job

 

Most importantly, never repeat what you have done. The more serious and dedicated you are the better this thing works. Remember this is going to be a boring process and its all worth it at the end. And your soul will feel better too if you can make it happen. 

 

Thanks brother. I will look into working part time. I’m not remote I have to go to office. I know it’s a long way but vachina pay motham appulake pothundi

[SaradaChinnodu]

3 minutes ago, Wrangler said:

Thanks brother. I will look into working part time. I’m not remote I have to go to office. I know it’s a long way but vachina pay motham appulake pothundi

ardam ayindi bro....best thing to list your debts from smallest to largest irrespective of interest rates and start paying off the smallest one with just minimums on the others. once you see the smallest one gone, go pay the next to that...that way you get a sense of accomplishment and stay motivated. If you start with large one, its going to be long way and it kills motivation....I have done this and it works like magic.

[sarvayogi]

8 minutes ago, SaradaChinnodu said:

ardam ayindi bro....best thing to list your debts from smallest to largest irrespective of interest rates and start paying off the smallest one with just minimums on the others. once you see the smallest one gone, go pay the next to that...that way you get a sense of accomplishment and stay motivated. If you start with large one, its going to be long way and it kills motivation....I have done this and it works like magic.

snow ball method ante ayipotadi kada..ee JNTU answer deniki

[argadorn]

1 hour ago, Wrangler said:

Foreclosure chethara my current home. If I file bankruptcy. So many factors put me in this situation. Night nidra pattadam ledu I’m stressed out. Scared about my family and kids. 

Endhuku appu chesavu don’t act smart nidra pattadam  ledha ye endhuku  max india ki pothavu antay ga 

[naughty15]

1 hour ago, Wrangler said:

Hi friends

Single income guy here, 100k-120k loans plus credit cards. Unable to pay monthly payments. Suggest options please. How to come out of this? Asking friends for money and managing to pay monthly instalments but I’m now debt deep. 

I think you can File bankruptcy 

[SaradaChinnodu]

1 minute ago, sarvayogi said:

snow ball method ante ayipotadi kada..ee JNTU answer deniki

lol andaru nee antha smart undaru kadha bhayya

[suravaram]

bankruptcy is not smart especially if you are gonna stay in the US long term.

 

Good paying job undhi kadha...bankruptcy ki you may not be eligible. Check the eligibility. 

https://www.experian.com/blogs/ask-experian/what-are-the-requirements-for-bankruptcy/

 

Second job is the best route bro. Don't worry too much. 

 

Don't go in gambling and such things. You will end up in much worse situation. Stay strong.

[sarvayogi]

2 hours ago, Wrangler said:

Hi friends

Single income guy here, 100k-120k loans plus credit cards. Unable to pay monthly payments. Suggest options please. How to come out of this? Asking friends for money and managing to pay monthly instalments but I’m now debt deep. 

gattiga unnai loans..minimalistic living alavaatu chesko..

just inka minimum lo minimum living...but remember it takes time

simple ga cheppalante peeenasi ga live..earn more and pay off...

anta kanna no body can tell anytihng

[Ravi860]

12 minutes ago, argadorn said:

Endhuku appu chesavu don’t act smart nidra pattadam  ledha ye endhuku  max india ki pothavu antay ga 

Smart enti bro.. andulo emundi. We don’t know the actual situation and things he going through. 

[phatposts]

1 hour ago, iddaritho said:

If you have GC why don’t you work on Uber or LYFT earn 100 dollars in 2 hours , you can pay off your debt in 3 years