Harassment of senior citizens by loan providers and my brother
3 years ago
My parents are facing physical and mental harassment due to one of my brother. For last 15 years, My brother has been taking peer to peer loan from various people and spending loan on lavish life along with his family and when time comes to payback the loan, he and his wife are hiding away or asking loan providers to recover loan from my parents. It has become a regular thing and my parents had to pay back loans to avoid harassment from loan providers. They are around 70 years and now facing unbearable harassment by loan providers on call and in person. Now loan payback has become very very difficult as they are surviving on pension. Please suggest what action need to be taken against abusive loan providers and my brother. Also my parents are facing daily harassment from my brother and his wife. My brother does not listen to any of us. Please suggest.
Ayantika Mondal @ Prime Legal
Responded 3 years ago
More information is required regarding the fact whether the loan is issued on your brother's name or on your parents name.
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If the loan is on your brother's name, then your parents are not liable to pay the same.
However, you may clarify the same with the bank officials.
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