Father death due to pressures on debts
16-Feb-2023 (In Property Law)
Sir, my father committed sucide due to pressures of debts. Based on sucide letter police file case. We have own house, which was in the name of my father and nominee was my mother. How can we save house and get rid of all these debts? What happens if we put IP?
insolvency only can be put when the person is alive but not you the court shall determine all the debts to be setoff towards the assets bequeathed by you from your father if any debt out in the name of your father you and your mother are responsible only to the extent of the asset bequeathed by you and your mother
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
- Legal Documentation for Claiming Ancestral Property Share Without Disp
- Agriculture land and house property are two separate entities or singl
- Grandfathers property sold out by the grand daughters.
- Gift deed from mother to son but paid in cash the property value
- Cancellation of registered agreement to sell
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."