recovery of money.

priya tandon (service) (40 Points)

17 September 2010  

A person had taken a loan from X and it is supported by proper loan documents. The person had not paid interest on the same for a long time and then gave a written declaration of the total any amount that he owes to X . Now  the person has declared himself bankrupt but in the same year got his daughter married in which he spent a heavy sum of money.

Can anyone please suggest a suitable action for recovery ..