Withdraw from co-applicant

6 years ago

Sir,I have a question, I am married since 20yrs ,but myself and my husband are separated since more 16yrs put up for divorce on court now only ,I was scared my children have advorse effect ,so waited for this many years , sir ,he is a business man,but loser ,lost all money, and taken loan from bank in high amount , making me also co-applicant ,now I am in crucial situation ,I can't rare children also properly he don't look after children since beginning ,they r with me ,I have a govt job , but not able fulfill any thing ,I don't get any loan because he is default er, and now bank have decided to capture the property and filed acase in court , since 5yrs ,this is continuing ,how I can withdraw myself from all these , neither the divorce case is moving ,nor the property is auctioned ,l PL guide me,what to do

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Deepak Yashwantrao Bade

Responded 5 years ago

A.dear client kindly consult for a proper advice as your matter needs lot of attention.

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Ambrose Leo

Responded 6 years ago

A.As a co-applicant or Joint applicant you will be legally liable for all financial activities of your Family ie., your husband legal action taken, Unless Immediate action on your part can not only save your trouble but legal impediments of financial liability. It better to consult a senior Property/family lawyer and take quick action.

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Kishan Dutt Kalaskar

Responded 6 years ago

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A.Dear Madam,
You may convince your husband for early divorce not consent. Then apply the bank to discharge you as co-applicant. If not agreed approach HC

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