\[Need Advice\] Trapped in a debt spiral after trading losses while studying, feeling completely stuck and hopeless.

​Hi everyone,

​I am writing this because I am completely out of options and honestly terrified of what my future looks like. I am a student currently studying for my professional exams, trying to build a career, but I have made a massive mistake that has spiraled out of control.

​A while back, I tried trading in options and unfortunately lost money. To cover losses and expenses, I took multiple loans and accumulated credit card debt. Currently, my total outstanding debt looks like this:

​Incred Finance: \~₹6 lakhs

​Finnable Finance: \~₹3.5 lakhs

​Credit Card Debt: \~₹1 lakh

​Total Due: Around ₹10.5 lakhs (I have around ₹4 lakhs saved/arranged, leaving a gap of about ₹6.5 lakhs).

​My Personal Situation:

My mother passed away, and my father struggles with severe alcoholism, so I have no family financial support or guidance. My extended family and friends are not in a position to help and have been unsupportive. I live entirely on my own with no dependents, but the pressure of recovery agents and mounting interest is crushing me mentally.

​Why I am posting:

I know asking strangers on the internet for financial bailouts is unorthodox and often looks like a scam, but I am at my absolute breaking point. I am not looking to run away; I want to face this, clear my name, and rebuild my life.

​I am looking for practical advice, restructuring options, or legal guidance on how to handle multiple high-interest personal loans and credit card debt when you have zero safety net. If anyone has been through a severe debt trap or knows how to negotiate with lenders (Incred, Finnable, etc.) or handle debt settlement legally and safely in India, please guide me.

​Thank you for reading this. Any genuine advice or direction would mean everything to me right now.

Asking for help trading loss