• Do kids inherit parents' debts

hi sir my dad borowwed around 8lk for business from some gundas,he haven't singed any document.he expired couple of months back.now they are asking the whole amount with interest,they are threating us.What we can do legally.Does kids inherit parents debts.
Asked 11 years ago in Family Law
Religion: Hindu

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2 Answers

You need not pay as your dad has not signed any document acknowledging any debt to them.

Sandeep Hegde
Advocate, Bangalore
418 Answers
154 Consultations

Since your dad did not sign any document acknowledging the debt he is liable to pay you also do not incur any liability. File a police complaint in the nearest police station if you are being threatened.

Ashish Davessar
Advocate, Jaipur
30780 Answers
973 Consultations

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