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Is daughter responsible to pay father's loan
17-Feb-2025 (In Family Law)
My father passed away few years before. I am unmarried and elder at home. I have one brother who is married. He andr my mother are very selfish and they want me to pay my father's loan. I am IT professional.
Well, Deceased Father's Loan can be equally paid by other family members including you. Despite you are unmarried, as you may have been doing job via which you must be earning, if this is the case, then you not need to have any problem in contributing in paying Father's loan, legally, it is the responsibility of all children to pay Deceased Father's Loan!
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Adv. Pankaj Bajaj
Mumbai | 1000+ Answers
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Hello, no one can force you for anything, it is always your choice what you want to opt for, if they force, tortuce or if you face any kind of harassment, you can go ahead by taking a legal step, and if you are paying for loan your brother is lso equally liable to pay
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Adv. Mahrukh Khan
Mumbai | 200+ Answers
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If the loan was secured (e.g., against property), the lender may recover the dues from the mortgaged asset.
If it was an unsecured loan, legal heirs are not personally liable unless they inherit assets from their father.
If the deceased father's estate (property, savings, etc.) exists, the loan is to be repaid from that inheritance.
If the father left no assets, legal heirs are generally not personally liable to pay the loan from their own earnings.
Check Loan Documents: If you did not co-sign or guarantee the loan, you may not be legally responsible.
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Adv. Vikrant C Deshpande
Mumbai | 5+ Answers
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Hi
Want to know if your father died intrastate or he has a Will
The fathers loan is the responsibility of the mother and then the second level legal heirs
Need to
Know the nature of loan and what is that compels
You to pay the same
Have to know more details
Feel free tl call
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Adv. Susmita Jagtap
Pune | 50+ Answers
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Please reach out to me so that I can review the facts of your case thoroughly. I need to understand the details before providing any comments or suggestions. I will require more clarity on your situation.
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Adv. Ajinkya Sanjay Gosavi
VasaiVirar | 100+ Answers
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