Na frnd okadu

[ceelogreen]

odale gadu financial estory rasthe ee thad lekka vuntaadi

[ronitreddy]

2 hours ago, nuzvid_mamidikaya said:

dollars lo unnapudu invest cheste cents loki vachindi

cents loki osthadi..dollars loki pothadi..adi matter kadu..sell chesada hold chesada anede point ikkada

[ronitreddy]

2 hours ago, nuzvid_mamidikaya said:

bro 200k investment avg is 3.1 todays price is 0.94. Do the math. ikkadiki vachi abaddalu chepte nakenti use cheppu

Did he put solely on Ripple?

[ronitreddy]

2 hours ago, Amrita said:

Yes..you can talk with cc banks and also collections if debt already went to collections. 2008-09 Recession lo  ms ayyaka paid job raka unpaid internships to naku vellayi and job vachaka i paid them talking to debt collection agencies. But naku collections agencies ki vellayi kabatti horrible ga padipoyindi credit score for 3-4 yrs. 2014 nunchi malla credit cards vachayi. You dont have to run away cheating banks and thats not really ethical too. Kattuko mellaga matladukoni. Kattina records of delinquent accounts will be in report for 7 yrs FYI.

Welcome back to DB

[Amrita]

11 minutes ago, ronitreddy said:

Welcome back to DB

🙂

[jbourne]

11 minutes ago, ronitreddy said:

Welcome back to DB

why welcome back ??

[Peter123]

2 hours ago, nuzvid_mamidikaya said:

bro 200k investment avg is 3.1 todays price is 0.94. Do the math. ikkadiki vachi abaddalu chepte nakenti use cheppu

200k in ripples invest chesada man,,just asking man...

[Android_Halwa]

2 hours ago, nuzvid_mamidikaya said:

All your assets ante em assets bhayya? vadi peru medha em levu

All the assets ante, anything which has value and worth enough to be sold or auctioned off. 

 

[Android_Halwa]

2 hours ago, nuzvid_mamidikaya said:

can they touch property in india? 

No..! They will never be able to touch overseas assets. No way it is possible and the present international laws don't allow such an act. This is not a criminal offense. This is a civil offense. No country has extradition treaty for civil offenses. 

Remember: By not paying the dues back, you are not breaking any law. You are only breaking the agreement between the lender and self which is no way a criminal offense where the law will come against you. An agreement is not the law and breaking the agreement is a dispute between two parties only.

The properties in India are safeguarded by Indian laws and American law has no control over it neither any collection agency has authority to liquidate the assets in India. 

[LordOfMud]

4 hours ago, Renault said:

Kattamani evad seppad va....dont worry ante let it go ani..200k kattukunta kusunte mee odu adukovali....kattapothe emkad..credit 10gutadi ...7 yrs daaka..

 

naa matta kaadu........7 yrs taravaata 200k ki income tax kattali (1099c, cancellation of debt ani pampisttaaru)......so file Chapter 11 now, period.....even thaata filed few times....

[Android_Halwa]

Here is the trick for such cases : 

Make an agreement with the banks. If you don't pay back, banks will come for you and result in collections and liquidations which is often a tiresome job, time taking procedure and an expensive procedure for the banks and legal costs are also considerably high. In simple words, Banks have to spend money to get back the money lend to you and at present costs, the cost of delinquency is almost 50% of the lending cost if you take time and effort into calculation and loss of interest on capital for the bank.  So in such a case, You can make an out of court settlement with the bank agreeing to common terms of paying back slowly over the period of time. The bank needs its money back at any cost and at this stage, the lender will be desperate to get back the principal amount and will be very vulnerable to settlement.

Possible outcomes: You can make an agreement with the lender to freeze the interest rates and pay back only the principal amount.

The bank may even consider one-time settlement which is often less than principal amount but will have long last effect on credit history, May not be able to get credit for 7 years at least and even that, cannot be guaranteed, even if you do so, you have to shed out higher APR's.

 

[nuzvid_mamidikaya]

2 hours ago, Android_Halwa said:

All the assets ante, anything which has value and worth enough to be sold or auctioned off. 

 

ante mana intiki vachi chustara?

[ronitreddy]

2 hours ago, jbourne said:

why welcome back ??

velli osthe em septharu vuncle?

[nuzvid_mamidikaya]

LTT. Inka evaraina financial experts unte vachi advice veskondi

[nandananditha]

19 hours ago, nuzvid_mamidikaya said:

11 personal loans apply chesi 15 credit cards maxed out mottam 200k debt undi. He is still in USA. He lost all the money in crypto currency. Now he is clueless about what to do. He said he wants to go back to India. Any other option for surviving in USA . He has a salary of 110k.

mee friend guts ki  hats off , risk lekunda rewarad undadhu , india lo land or apartment unte amesi clear cheyamanu