LawRato

Selling deceased father's house to pay debts


01-May-2023 (In Recovery Law)
My father died due to debt burden. He owned a store. All the commodities kept in the store got sealed. My father has a flat and there was a loan on it.

We decided to sell the flat since there was no notice from the court. Can we sell the flat? Will we face a legal action?
Answers (1)

Answer #1
83 votes
Yes, you can sell the flat with consent of the bank as it's dues will have to be set off from the sale proceeds. Apart from the consent of bank you do not have any legal hurdle to sell the flat.
Helpful? LawRato120+ LawRato
Advocate Chikirsha Mohanty

Adv. Chikirsha Mohanty

LawRatoDelhi | 200+ Answers
Chat with Advocate Chikirsha Mohanty Chat 

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.

Report abuse?

Connect with top Recovery lawyers for your specific legal issue
Connect with a Lawyer
Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."

All Answers

Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

LawRato