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Sanjay Kumar G   11 February 2019

Husband's liability on wife's debt during life time

Wife has run up loans fro running her business which is sole proprietory . Husband is a private sector employee and is no way connected with wife's business. Lenders are threatening wife of legal action as wife is unable to repay loans. Can lenders proceed against husband's property and bank accounts which are soley in the name of husband and are self earned properties and bank accounts.



Learning

 2 Replies

Suhail suhail (LAWYER)     11 February 2019

depends ,sometimes husband is made as party for the debts owned by wife .

Shashi Dhara   11 February 2019

Tell to both to Apply for insolvency

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