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Regarding society loans
3 years ago
My father barrow society loans as crop loans and etc . He passed away now . Can you suggest me is the loan I have to repay or it can be wave of
A.Dear Sir,
Normally such loans are insured. You may check.
Normally such loans are insured. You may check.
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Ankur Goel @ Complete Law Shield
Responded 3 years ago
A.crop loans are waived time to time but it is not guaranteed.
You have to pay the loan from the land you are getting.
You have to pay the loan from the land you are getting.
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BANDARU RAJYA LAKSHMI
Responded 3 years ago
A.Dear client,
It is pious obligation of a son to repay the loans of his father. But your liability to pay the debt of from the property which is inherited by you from your father.
It is pious obligation of a son to repay the loans of his father. But your liability to pay the debt of from the property which is inherited by you from your father.
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Pardeep Kumar Dhiman Dhiman
Responded 3 years ago
A.आपको आपके पिता का जितना भाग प्राप्त होगा।वहां तक आप अपने पिता द्वारा लिया गया ऋण देने के लिए अधिकारी हो।माफ करने का अधिकार राज्य के अन्तर्गत आता है।
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Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
Loan waiver is dependent on the state government policy. Son is not liable for the debt of the father. Debt is recoverable from the property held by your father before his demise.
If you like my answer, please rate me.
Loan waiver is dependent on the state government policy. Son is not liable for the debt of the father. Debt is recoverable from the property held by your father before his demise.
If you like my answer, please rate me.
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A.Hi,
Son is ,liable to pay the debt of father to the limit he receive inheritance from the father. So, your liability is limited to the property received by you in inheritance. Loan waiver is subjected to government decision in each state. It may wary. Consult with the society for the same.
If you like my answer, please rate me.
Son is ,liable to pay the debt of father to the limit he receive inheritance from the father. So, your liability is limited to the property received by you in inheritance. Loan waiver is subjected to government decision in each state. It may wary. Consult with the society for the same.
If you like my answer, please rate me.
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