Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Siddhartha Ghosh (Sr. Engineer)     25 February 2013

Are parents responsible for his adult son debt?

Are parents responsible to payoff any loan or debt of his earning adult son ? If he is not a guarantor



Learning

 2 Replies

Ajit Singh Cheema (practising Advocate)     25 February 2013

No ,they are not liable.


(Guest)

@Querist,

 

No,parents in not liable for their children's debt as per your given facts.


Note-This reply should be taken as per the declaration given in my profile page.

 

Thanks,

Regards,


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register