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With the an stepped in to intervene in the case of Vanisha Pathak, a beneficial 17-year-old away from Bhopal who has been delivered legal emails more than a great mortgage this lady today-dry dad took.
Sitharaman took so you’re able to Facebook, marking the newest Agencies away from Monetary Facts and you can LIC India, and you can asking for that they look at the the situation.
The girl father, a beneficial LIC agent entitled Jeetendra Pathak, got removed financing out of his place of work. Just after the girl dad died, Vanisha began receiving legal notices inside her father’s title, requiring you to she paid their obligations
Vanisha’s funds and you can month-to-month income was in fact frozen from the LIC because she’s a. Vanisha advised TOI one to she’s written towards regulators numerous moments asking for additional time to repay the debt since the she is 17.
Although this is a case from lesser, some tips about what goes wrong with a beneficial borrower’s financial obligation immediately following she or he passes away, plus the courtroom heirs’ penalties whether your debtor becomes deceased with that loan a great