ilmscore | ₹63 LAKH Debt - Is There A WAY OUT?! | Money Matters Ep. 82 | Ankur Warikoo Hindi

₹63 LAKH Debt - Is There A WAY OUT?! | Money Matters Ep. 82 | Ankur Warikoo Hindi

Published: 2025-10-08
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 1
Prediction
Topic
Status
The individual is in a bankrupt state with no assets to cover liabilities, requiring the assistance of a bankruptcy expert.
"So technically you do not have any asset to clear off your liability. So you are bankrupt. And if you are bankrupt, somebody who is a bankruptcy expert will help you."
Financial Situation
Pending
It is predicted that the individual will need professional financial and potentially legal help to navigate their debt situation and that attempting to solve it independently will lead to further trouble.
"You need help. It may also be legal help. It certainly means financial help. Maybe means having conversations with all of these people. All of this requires you to work with an expert and make sure that you know what are your options. Don't try and solve this on your own because if you try and solve this on your own, you are going to get into trouble again."
Financial Advice
Pending
The individual's current financial reality is severe, and running from it is not an option; seeking expert help is the only viable path forward.
"And you're like, you're right. I wish that was not the case, but that is the reality. And you cannot run away from it. So the only guidance, my friend, will be please get an expert."
Financial Situation
Unrated
The advice given is to seek an expert and to involve parents in the process, avoiding denial about the financial situation.
"So the only guidance, my friend, will be please get an expert. Sit with your father and your mother, not alone, but with both of them. Do not let them be in denial."
Financial Advice
Pending
The prediction is that the individual is technically bankrupt because their liabilities far exceed their assets, with the only potential asset (a house) being under legal dispute.
"Yes. You don't have enough assets to pay for the liabilities that you have. Yeah. The only asset you have is the house which is already under litigation or dispute. Yeah. So technically you do not have any asset to clear off your liability. So you are bankrupt."
Financial Situation
Pending