Issue with parents

I am 25 and recently have started earning and it's very less pay since I am a fresher. My parents took a bad loan to purchase home as investment and I wasn't involved into this decision and I had no idea about it. Now they are overburdened by the debt and they want me to pay this loan. My name is also not in the home they purchased and I don't want to pay for the mistakes they made. They are mentally torturing me on a daily basis to make me pay and taunting me for everything. They are threatening that if I don't pay up they will make a police complaint and make me leave the house. I want to know does such a law exist?

2 Answers
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pradeep maurya
Advocate Pradeep Maurya Answered: 12 Sep 2023

Respected Sir/Maam, Since you are not a party to the loan agreement, you can not be forced to pay for it. In the above-mentioned case urgently reach out to our well-equipped, qualified law firm for swift resolution. Your prompt contact ensures a speedy legal remedy for you. For Further Information Contact – 880044455. Thanks

Admin
Advocate By LEAD INDIA Answered: 22 Mar 2023

Hello sir,

If you have not taken the loan or you are not the part of it then you are not liable to pay the loan and if they are threatning you then get a criminal complaint drafted against them and send it to the concerned police department and sp office

thank you

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