My father is taking loans even after repeated warnings. Anything I can do to minimise damage?

[User_ae0e4425]

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User_ae0e4425
PARTICIPANT
May 8, 2026 at 8:37 am

My father has taken a lot of loans (10L+)without informing us and is continuing even after repeated reminders. He has a habit of rashly investing in stocks and losing money

For context- We have home loans and a car loan that is being paid off by my mother. My father has land on his name that was bought by my mother. He is a chronic alcoholic, smoker + abusive. Both of my parents retire in 3 years

I want to know whether our house or land will be seized if he becomes unable to pay. Or will we have to pay the remaining amount ?

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[User_b9e99e20]

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User_b9e99e20
PARTICIPANT
May 8, 2026 at 9:00 am

Bro honest advice resolve with your family👍

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