nealo d
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Don't worry, it was a personal debt, and died with your father. You have no responsibility to pay it off.
I'm sorry for your loss. |
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New Dog Owner
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If he left nothing, you owe nothing. Unless you signed something saying you were a guarantor on the loan you don't owe them anything. They can only collect against his estate. |
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Dora
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They can't make you pay for your dad's debt. They should clear the payment off as the person who took out the loan is deceased. Refuse to pay there is nothing that they can do In fact go to Citizens Advise Bureau and get some more detailed advise. |
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LYNDA M
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you dont have to pay any money to these people,the debt will be written off try not to worry,. |
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butter1944fly
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If there was any money left in the estate it must be used to pay the debt. Otherwise, you are not responsible for your father's debts. |
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Chef Frisbee
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It was his loan - not yours - not your responsibility - tell the company they are SOL |
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Dogs'r'us
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Contact the Citizens Advice Bureau - you are not responsible for your dad's debt. This debt will be written off. |
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jamand
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It's not your debt to worry about - the dead died with him - they cannot make you pay it back - if it was tied to the house they can make you sell the house to pay it back though |
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*Thomas Is Our Autistic Wonder*
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This loan in fact has nothing to do with you as you never signed anything the death certificate should have been enough do not people like this bully you into anything , seek advice from the citizens advice |
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MoMo
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if your dad took out a loan there must be some paperwork regarding, try to find it in his paperwork or get a copy of it from natwest. check what was the collateral that your dad gave for the loan, if it is the house or any other property he owned, then they can make you sell it to pay off the loan, his estate also has to pay off the loan. as long as you did not sign on guarantor on the loan then they cannot make you pay the loan, it ended with his death.
even then you should get the original loan agreement and fully vet it, ideally have it done by a lawyer. |
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dels replies
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This was a loan to your dad as an individual and you are not involved unless you signed as a guarantor to the loan.The bank would have first claims on any assets in your dad's estate after the funeral expenses had been paid.If there are no assets ,or property in your dad's name then the bank have no further claim on you.Was the loan covered by any form of life insurance? if so the bank might have a claim on the insurance money. If still worried see the local Citizens Advice Bureau. |
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juliet
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check to see if your dad took out any insurance on the loan. Loan protector. this would pay the debt off. if not, the debt is not yours to repay. You could also check to see how long the loan was for.... 5 years, 10 years etc. as the loan could be paid in full already. |
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forgetmenot1908
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His debt should die with him - its not your debt so therefore you dont need to settle it. Send them proof of the death certificate then cease all communication with them. |
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spadezgurl22
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after 7 yrs anything can be removed from ur credit report. ur not obligated to pay his debt, call equifax and have them remove it from u being that its not ur debt and its over 7yrs old. |
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