Normally a surviving wife will inherit both the assets and liabilities of her husband, including bank loans. Marriage is an economic partnership.
yes
The parent's estate is responsible for the loans. If there are no cash assets to pay the loans the lenders will take the property such as real estate or a vehicle.
Well, the estate is responsible for paying them back, so the money will come out of the estate, which will mean that you will inherit less money from it. So in a way, you will be paying back the loans. That or the bank will put a lien on the property to secure their debts.
Hina Husband has got 7 Crore Rs loans from Bank and now with the strong influence of his wife . he is not willing to return amount.
Bank of America gives many types of loans. They give home loans, auto loans, school loans, and refinance loans. These loans are offered online at the official Bank of America website.
Huntington Bank usually offers a variety of loans. Some types of loans offered by Huntington Bank include Home Equity Loans, Personal Loans and Business Loans.
Commercial Mortgage bank offers a variety of loans through their bank that includes home loans, student loans as well as business loans to their customers.
The Lloyds Bank offers many different kinds of loans. The Lloyds Bank, located in the UK, offers personal loans, car loans, home improvement loans, and graduate loans.
The Centier Bank is a very reputable financial institution. The Centier Bank offers a wide variety of loans, including Home Loans, Car Loans, and FHA Loans.
Bank loans are financial assets for the banks and financial liabilities for recipients of the loans.
You can be sued from the bank or creditor
Tesco Bank offers several types of loans. These are car loans, mortgages (home loans), and personal loans. Personal loans can be secured or unsecured.