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Is son liable to pay finances taken by father after his death
09-May-2023 (In Arbitration Law)
my father purchased one scooter by taking finance from a private finance company in 2007 my father died in 2012 he paid only a few emis after my father death i contact the finance company for a settlement but they are asking huge amount as intrest so how can i solve this issue?
Was there any insurance ? If so the financier can close the loan. If the financier has already obtained any arbitration award, then they can move for execution by attaching the property in the name of father if any.
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Adv. Sreenivas V Pai
Kottayam | 25+ Answers
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