Need advice on how to become debtfree when one is burdened with debts with no income? | Just In Time Lending

Need advice on how to become debtfree when one is burdened with debts with no income?

House mortgage(closure amount nearing Rs10lac),total outstanding on various short term loans(Rs5 lac). Should one go for selling the house and clearing debts. (estimated house price Rs 30 lac).

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This entry was posted on Saturday, February 27th, 2010 at 1:04 am and is filed under Debt Management. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

2 Responses to “Need advice on how to become debtfree when one is burdened with debts with no income?”

parsonsel on February 27th, 2010 at 1:53 am

Get a job and start paying off your debts.

Even if it’s a low paying job, any income is better than none.
twocute4u on February 27th, 2010 at 2:17 am

Get a Job. That will be the only way to pay your debt.

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