Redditor turns to netizens for advice to resolve Rs.70 lakh debt from failed restaurant - Here's how they responded
New Delhi, June 13 -- A Redditor has posted on the social media platform's India Business forum, asking fellow netizens for advice on how to recover from a Rs.70 lakh debt due to a failed restaurant business, without taking any more loans.
The user, identified as 'Stoned Butter chicken', said he is a 25-year-old male, and initially had Rs.1 crore debt, which his mother's family helped reduce to Rs.70 lakh by helping with Rs.30 lakh due to worries over his situation.
Explaining the situation he wrote, "I'm 25M from India and could really use some outside perspective. I worked in a BPO from 2021 until I was laid off when the company lost its Swiggy process. During that time, I developed a strong interest in the food industry and always dr...
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