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Dead father's bank's debt

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1 Dead father's bank's debt on Sun May 15, 2011 9:43 pm


Arresto Menor
Good day Good lawyers and people,

My father died more than ten years ago and now the bank which is own by my uncle is saying that my father has outstanding debt from them way back 1987 and 1983, ages ago from now. No one informed us until now about it and the bank is saying that we have to pay for it plus interest. as i know theres no collateral involved as my father doesnt have any property to do so during that time and even now. For sure I wont pay for it since my father is dead already. Any legal issues we will encounter if the bank pushed us to pay for it? Your kind advice is needed .

thank you


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2 Re: Dead father's bank's debt on Mon May 16, 2011 6:29 pm


if none, any case they file will not prosper. they only had 10 years to make demand, and they can do so only against the estate of your father.

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3 Re: Dead father's bank's debt on Wed May 18, 2011 8:28 pm


Arresto Menor
thanks for your reply

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