Hi Experts,
This topic was dicussed in earlier posts . but i do have soem additional questions
My father passed away in March 2017 . he had once got a debt of Rs. 400000 from his friend and gave him back in May 2015 which i know of. My father did not get the docs signed by him back (signed blank promisory note and blank cheque) . Now his friend once (he was not in good terms with my father during his death) is claiming that my father did not give back the money and asking us to pay that money to him with interest and he is asking us to sell the property which i inherited from my father and give his money back with interest .
i personally earned and saved my fathers property (house) as we had other loans etc . i transfered it to my name only after his death. even now, the house docs are at bank for which I am paying loan .so morally its not inherited property, its earned property . I am mentioning this as in other posts it has been mentioned that son is liable to pay off father's debts.
What if his friend submits the signed docs? Is that first of valid before getting into a discussion of son paying of fathers debt? (father passed away 8 months back)
