My father-in-law (FIL) supposedly took a loan some time before his death not from a bank (loan shark). The money was not received by him in his bank account (cheques were shown as drawn in his name). We were told that he had put the house as collateral. The house is not in his name it was in the name of MIL (she is now deceased and loan shark does not know her name). Does the liability of the loan fall on my wife as the only child.
The loan shark came after the death of my MIL. We think that it is a forgery as there has been no transaction in the bank account in the time frame shared. What can we do to protect the house and ourselves.
