Legal Question in Family Law in India
my younger brother started his own business, & now suffered a huge loss, now lenders are coming after my father, please suggest how can my father save his property. no lenders never cosulted with my father before giving money to my brother, can we also think about legally exempted my brother from family prpoerty, please suggest what is the process for that & if any other mean we can secure our property & harassment by people because we were never aware about my brother's business practice & why should whole family should be punished for his fault, pls. suggest pros & cons.
Thanks with Regards!
3 Answers from Attorneys
How old is your brother ? The creditors cannot claim any thing from your father ,if your father has not given any guarantee for his son for his business.Please clarify about your brothers age and business.
if property is in father's name than how can the lenders claim the same
in case the father and you have means to save your brother from possible harassment, then the loan can be paid by you and/or your father.
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