regarding loan

Querist : Anonymous (Querist) 30 January 2017 This query is : Resolved
My father was a loan guaranteer for loan of 140000 in 1995 .Now the amount had become 217000.We dont knew anything about this.My father died in 2006 and today 30/01/2017 we recieved the notice from civil court after this we came to know about this.The loan borrower didnot paid the amount .Will the bank cover the money from us?What should we do to get rid of this?

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Raj Kumar Makkad (Expert) 31 January 2017
Legally you being the legal heir of your father are entitled to inherit the assets and liabilities including the loan liability.

You should defend the case on various counts by engaging an experienced lawyer.

Adv. Yogen Kakade (Expert) 31 January 2017
The civil liability does not end with the death of a person. And yes.. you need a good lawyer to proceed.

Rajendra K Goyal (Expert) 31 January 2017
Welcome senior expert raj kumar makkad.

Forum was feeling your absence badly.

Hope would help and guide us when time permit .

Rajendra K Goyal (Expert) 31 January 2017
No reply to query from an author who is anonymous.

Guest (Expert) 31 January 2017
Author is an Anonymous Stated by above Child appearance Person.The Innocent querist who doesn't want to disclose his Name could post as Anonymous and Nothing Wrong Or Illegal in it.Supposing if the Author Post with Fake Name whether it could be recognized.The One who had not Posted his/her identity and details in his/her Profile for four years Obviously the above Child it self Anonymous.

Guest (Expert) 31 January 2017
Well advised by Experts Mr.Rajkumar Makkad and Advocte Yogen kakade

R.K Nanda (Expert) 31 January 2017
no reply 2aq.

Rajendra K Goyal (Expert) 31 January 2017
Any comments on experts by other experts is neither a good habit nor requirement of the thread, avoid such approach.
Try to be sober.

Guest (Expert) 31 January 2017
The Child/Anonymous should once again read my above Post.Instead of Pasting its same Post in all threads as its reply may be taught by some one.

P. Venu (Expert) 31 January 2017
The legal heirs are liable for the debts of the deceased to the extent of estate they have inherited.

Dr J C Vashista (Expert) 02 February 2017
Despite the fact author has not disclosed his/her identity and the experts desist reply such query (as per rules of this platform) recovery of loan at this stage, if any, is barred by limitation.

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