If the Debtor has nothing Except the Essential Properties for Life
Issue No.1974- If the debtor has not paid any mortgage and if he does not possess anything other than his house which he resides in, and the essential household effects, the creditor cannot demand the repayment of debt from him, rather, he should give him time. However, if he has mortgaged a property, the creditor may sell it and collect his dues (even if the property is one of the exempt items listed above).
