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UHello Everyone ,
My parents had Participated in a chit fund which they failed to pay it and now the Chit funds is Thereatening legal action and my parents are scared that They will go after the 3 people who signed as a gurantee for us if it goes to court! I need legal advise on how to handle this situation as my family is in some financial trouble and we are unable to pay it all back Is there any way The court can Make it an monthly payment or something like that instead of asking us to pay the amount whole which we are not able to at all.
I would really appreciate some insights on this case
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