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fathers loan is payable by son in indian law

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Icon Mini Profile quadritrading



Joined: 06 Mar 2008

Posts: 1



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PostPosted: Thu Mar 06, 2008 6:17 am    Post subject: fathers loan is payable by son in indian law

hello
fathers loan is payable by son in indian law
 
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Icon Mini Profile larry



Joined: 27 Jun 2007

Posts: 3328



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PostPosted: Thu Mar 06, 2008 1:42 pm    Post subject:

Hi quadritrading,

Welcome to the forum.

If the is dead and the son has inherited the father's property then the son is liable to pay back the loan too. I think you should better consult with an attorney in this regard.

Best of luck,
Larry
 
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Mac_7

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PostPosted: Fri Mar 07, 2008 12:54 am    Post subject:

Is your father unable to pay off the debt? pls give some more details about the status of the payments.
 
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