My father was using Standard Chartered Bank Credit Card, which we were not aware off, he had used his card to avail a loan, the sum of loan is also not known, and the date of taking the loan is also not known, My father expired in the year 2004, but now we are getting the call from recovery agent to recover the loan amount of Rs 5Lakhs (which includes principle,interest, late fee charges etc..), i was told that if we not recover the loan they will put case of Cheque Bounce against us, i am not sure when this cheque was dated, we closed all his known transactions by providing the death certificate, unfortunately this was missed out as we were not aware of the existance of the card/loan.
My Question Against the Scenario is,
1.can they file a case against me or my family member, as we havent given any Cheque to Bank?
2.Will this case stand as the card holder is expired?
3. Will there won't be insurance to recover the loan in case of the death of cardholder?
4.Do we need to clear the amount as legalheirs after such a long duration after his death?
How can we get rid of this, is there any way out to come out this? please help as i am student and cant afford to pay even the loan amount.