Hi,
I have given loan to someone and in return he issued Cheque to me on agreed date but those Chequs are bounced
i filled ni 138 which is going against accused after Cross examination and now he is filling bankruptcies application(input from common known person) can this step save him from legal liability. He is running business but it is in his late father name and he is living in house which is his mother name.
my question: will I lost my money, I asked my lawyer he told this is last option for him to save himself from paying money to him.
thanks
anwar