I have a problem that I urgently need to solve. My life is turning into a big down fall lately. I will try to be as precise and concise I can possibly be.

I'm a music producer, record label executive and talent/career coach. I started in 2015 with just my laptop in my old friends studio. But this year I decided to open my own music studio. I sold a plot of land my dad handed over to me to raise some money to buy my own studio equipments, and I also took a loan to add up.

I was able to buy the equipments and setup the studio and patronage was quite high, I didn't expect. Even radio stations were bringing audio editing jobs for me. I was saving up so I can pay the loan.

But suddenly, things gone sour. 3 months ago my studio got buglered. Thieves broke in and stole my equipments, (the desktop PC and the Macbook I use, my soundcard, power generator, microphones, Rokit 5" studio monitors, pianos, etc. Even removed... Etc).
I have been very depressed and saddened. I feel like taking my life but I don't want to be a coward by running from my debt.

Pls my fellow naira land bros n sis, I need help.
If I can get a loan of 500k to clear my debt and buy back my studio equipments to start a fresh, I'll really appreciate it. I will pay back in 6 months or less.

I have a plot of land in Yenagoa I want to sell to raise the funds I need but haven't found a serious buyer yet. I can use it as collateral if necessary. I got my WAEC n NECO result originals. I will pay back. Plz someone help me.

MY PLAN:
Get 500k loan
Clear some debt, buy back the music studio equipments and start working again so I can save up and pay this 500k loan with interest, OR get a buyer for my land


Without my equipments and my laptop, I'm nothing. No source of income. And I also have to return some payments to people who paid me to do jobs for them but weren't able to come pick it up before the burglary happened. I need help to get life together so I can start working again.

Cc: Lalasticlala mynd44 seun

Pls the right moderators should pls help a bro by taking it to FP so that others can get to know my situation. Just maybe, maybe my helper may just be out there!

anybody who wants to use debt to clear another debt should not be helped. they would definitely default in repayment just like the former. i feel sorru for you but not to the extent of helping you because, the amount you are asking for is too much gor a stranger to offer you with the assurance that they would be paid back. i would advice you to seek this help from family members and close acquintances. they would be in thebest position to help you in whichever way required.

Walk into your Bank and request for a loan, you can ask your friends and family or talk to some money lenders. It's hard giving out money to strangers on a faceless forum.

Okuda:
anybody who wants to use debt to clear another debt should not be helped. they would definitely default in repayment just like the former. i feel sorru for you but not to the extent of helping you because, the amount you are asking for is too much gor a stranger to offer you with the assurance that they would be paid back. i would advice you to seek this help from family members and close acquintances. they would be in thebest position to help you in whichever way required.

You don't understand bro. Paying the debt isn't wouldn't be an issue if my studio equipments weren't stolen. I have seeked help from every possible source before I brought it here. I just want to be able to buy back equipments and start working on my feet again. I have like 150k I saved from the few weeks I was able to use them. Remaining 500k to add up and buy back my equipments so I can start working again. I have land I can use as collateral. I don't have much time to wait till I find a buyer for my land. Help a brother if you can.

Nevertheless thanks for ur response n candid opinion.

Sirmuel1:
Walk into your Bank and request for a loan, you can ask your friends and family or talk to some money lenders. It's hard giving out money to strangers on a faceless forum.

My family have helped me in their possible best by handing over land to me so I can sell it. Just that its not by the roadside n serious buyers are rare during this election period here in Bayelsa.

...

Okuda:
anybody who wants to use debt to clear another debt should not be helped. they would definitely default in repayment just like the former. i feel sorru for you but not to the extent of helping you because, the amount you are asking for is too much gor a stranger to offer you with the assurance that they would be paid back. i would advice you to seek this help from family members and close acquintances. they would be in thebest position to help you in whichever way required.

Excellent response.

uboma:



Excellent response.

If u're the one in this my position, it is then ye shall understand bro.

Youngstar76:


If u're the one in this my position, it is then ye shall understand bro.

Asking for a loan to offset part of your previous debt is not the way to go. I will not do this. I will exhaust all possibilities with families and friends, if the debt is still there, I will seek for a restructure of the facility. Did you borrow the money from the bank? Or from a private individual? Go to the bank or individual, explain your situation and inability to pay off the debt at the time earlier agreed, seek for more time with a lesser interest rate if applicable.

If you manage to get a loan now, there are no guarantees that you will pay up without any hitches. You should consider having your studio and equipment insured against theft or fire. This way, the insurance company will cover the cost of procuring the equipment and fixing the studio once it has been established that your actions and inaction did not contribute to the theft or fire incident.

All the best.

Youngstar76:
I have a problem that I urgently need to solve. My life is turning into a big down fall lately. I will try to be as precise and concise I can possibly be.

I'm a music producer, record label executive and talent/career coach. I started in 2015 with just my laptop in my old friends studio. But this year I decided to open my own music studio. I sold a plot of land my dad handed over to me to raise some money to buy my own studio equipments, and I also took a loan to add up.

I was able to buy the equipments and setup the studio and patronage was quite high, I didn't expect. Even radio stations were bringing audio editing jobs for me. I was saving up so I can pay the loan.

But suddenly, things gone sour. 3 months ago my studio got buglered. Thieves broke in and stole my equipments, (the desktop PC and the Macbook I use, my soundcard, power generator, microphones, Rokit 5" studio monitors, pianos, etc. Even removed... Etc).
I have been very depressed and saddened. I feel like taking my life but I don't want to be a coward by running from my debt.

Pls my fellow naira land bros n sis, I need help.
If I can get a loan of 500k to clear my debt and buy back my studio equipments to start a fresh, I'll really appreciate it. I will pay back in 6 months or less.

I have a plot of land in Yenagoa I want to sell to raise the funds I need but haven't found a serious buyer yet. I can use it as collateral if necessary. I got my WAEC n NECO result originals. I will pay back. Plz someone help me.

MY PLAN:
Get 500k loan
Clear some debt, buy back the music studio equipments and start working again so I can save up and pay this 500k loan with interest, OR get a buyer for my land


Without my equipments and my laptop, I'm nothing. No source of income. And I also have to return some payments to people who paid me to do jobs for them but weren't able to come pick it up before the burglary happened. I need help to get life together so I can start working again.

What plans have you made to ensure burglary doesn't repeat itself?

Since you have collateral approach your bank.

Finally sold my land and ive paid the debt. Thanks fuys for ur advice n support

I bless God for what he done for me. God is real. God is the master of all!

deltateam:


What plans have you made to ensure burglary doesn't repeat itself?

Since you have collateral approach your bank.

I moved from the area sir.