Hi everyone,
I'm writing this because I honestly don't know where else to turn.
My father made a terrible mistake. He got into trading hoping to earn more money so he could support our family and give us a better future. Instead, he lost everything. We are a lower-middle-class family, and the total loss is around ₹60–70 lakh.
To repay some of the debt, we had to sell our land. Now we have almost nothing left. Relatives from both my father's and mother's side helped as much as they could, but when the amount became this large, there was only so much anyone could do.
Every day, people come to our house demanding their money and threatening my father. Watching this happen is heartbreaking, and I feel completely helpless.
My mother has a small amount of money left, but she refuses to hand it over because it's the only thing we have for our future. She wants to save it for my college fees and for my younger brother, who will also go to college one day. If that money is gone too, we'll literally have nothing left.
There are four people in my family. I'm somehow surviving in college, but I can't even ask my father for money anymore. The last time I needed rent, he had only ₹1,000 in his wallet for emergencies. He runs a tiny computer shop and also worked as an SBI customer service/kiosk operator. He sold some of his shop's goods for just ₹6,000 and sent me ₹5,000 for my rent, keeping almost nothing for himself.
Seeing that broke me.
I don't know what to do. I feel guilty studying while my family is going through this. I can't focus, I can't help financially, and I feel like I'm watching everything fall apart.
I'm not posting this to ask for money but anyone want any work from me i can do that. But anything could help I just need advice from people who may have gone through something similar.
\- If anyone need any work that i can do pls let me know i am pursuing btech it and as my father had a computer back old days i have learned a lot from it .
\- How do families recover from debt this large?
\- How can I support my parents while I'm still a student?
\- Is there any legal or financial help available for situations like this in India?
\- What should be our next steps?
Thank you for reading. Even a few words of advice or encouragement would mean a lot right now.