Hi, My father is a business and since he has started business in commerce, he has also opened the firms in my mother's and my name. By attaching property's worth and business on my mother's name it is almost 3 crore loan just on my mother. Till now, several times my mother tried to not let him take this much loan(its CC limit so he is just paying lakhs of interest every month with no future of ever being done with it) especially since covid as our business has downgraded too much that we won't ever be able to pay this much loan, there are more crores amounting to 5 crores and he is trying to take more. My mom thought he is spending it in business and trying to expand and that's how he has tricked her , but now recently we got to know how he has been involved in adultery (he was before also but my mother forgave him ) but this time he even put his profile on shaadi.com by writing that he is awaiting divorce. He is just losing all money of loan in lending to people who doesn't give him back, in lending to females who in the end leave him after taking money and while my mother has always tried to protect him from people who loot from him, he still when in fight, badmouthes her, this time by pushing my mom more we have took the step to shift in other floor of our house . We were thinking of divorce but is confused about how to proceed with all this , considering my mom has this much of loan in her name , she does work of share market trading , we are preparing to transfer it to another account to detach it and we don't want home if we can get rid of this loan, also he is trying to lend more and we suspect he is again attaching mom's name with it as his employee asked for aadhar otp but my mom didn't give but then he has ofc bank chequebook with him of mom and he has used that instead.
How can we deal with this situation, we dotn want more loans esp after knowing where he is wasting it at
