Multiple loans of late husband

Oct 16, 2025 65 views 3 answers
Bankruptcy Law
Anonymous
Oct 16, 2025
Bankruptcy Law
► Local financiers making life complicated widow with low salary unable to survive
65 views
3 answers

3 Answers

Oct 24, 2025

Hello, 

 

It is best to consolidate all such loans and arrive at a ONE TIME SETTLEMENT. 

For more details you can contact me through OLQ.

Oct 24, 2025

You can lodge complaint against people who are harassing you. If you have received any property (movable or immovable) left by husband in heritance then only your liability in refunding loan is limited to the value of such property otherwise you do not have any liability on this count. . 

Oct 21, 2025

You can consolidate details of such loans, if any, for it's authenticity and genuineness with all records demanded from the concerned Financiers. Many loans are generally insured for such eventualities. So ensure by taking details which one are so and apply for its adjustments accordingly. Any financial institution intending to recover the loans can do it only legally and cannot harasss the widow or children but obligations to pay the debts of the deceased remain with the legal heirs/successors to the extent of personal laws applicable. You can simultaneously apply for OTS if you can pay them from the property left behind by the deceased and generally financial institutions are in favor of closing such loan accounts by mutual agreed settlement.

Thanks and regards.

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