Lok adalat for credit card debt?

My father passed away in August this year. He had some credit card with 3 different banks. I am his sole son and I have got some bank balance and FD's (some Jt Account and some Nomination) from him.

Now I think I am liable for my father's credit card debt. I will repay what is owed but I cannot repay the entire amount at once.

I can repay in EMI format. I think the interest should also be waived.

For a OTS I cannot repay more than 40% of the outstanding.

One bank has asked me to contact their recovery agent, the other two have not responded to my email.

I should clarify due to the deaths of my uncles in the interim I had forgotten about this matter till this week.

Should I approach the Lok Adalat for an arbitration at this stage? If so, how should I proceed?. If not also how should I proceed?


Hi, you cannot be held liable for the liabilities of you father ..let them file the case for recovery .. Kindly elaborate the matter for proper guidence .. You can contact me for detailed consultation .. Ph:-9654062181/ consultation fee :- 1000/- Adv Hemant Chaudhry



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