MY father took a loan of 7Lakhs from a private financier and gave him 2blank cheques and they wrote an pronote mentioning 2% interest rate. and i signed as a surety.
Now the financier is asking 10% interest and has used the blank cheque to bounce the cheque and registered a cheque bounce case. He says either give him 10% interest or pay back 10Lakhs else he is intending to include me in the case. i completed my studies in australia and currently unemployed. now the financier has threatened my father to pay 10L or he'll include my name in the case and push for my deportation from australia. my father went to police station to complaint, but the financier being a known face, police is not keen on registering case.
i am not from law background and know nothing about it, i would like to know what can be done now? will it be an issue for my father or for me? can the financier push for my deportation from australia? as i need to bee in australia to repay the loan..
