মোট সম্পত্তির থেকে লোনের পরিমাণ বেশি হলে লোনের টাকা কে পরিশোধ করবে? || Lawin5minutes

Who will pay off the debt if the amount of debt is more than the total assets of the deceased? Do the heirs have to pay the debt with their own money? After a person dies, the issue of distributing the property left behind by him among the heirs is as important as the debts and other legal liabilities left behind by him. In reality, many people think that the responsibility of paying off the debt of the deceased falls directly on his children, wife or other heirs. Many others think that the heirs will have to pay off the debt from their personal assets as soon as they receive the property. This video discusses in simple language— • The legal basis for paying off the debt of the deceased. Which liabilities are paid before the distribution of the property. What does the law say if the debt is more than the assets. Legal liabilities and limitations of the heirs. Rights and responsibilities of creditors. Subscribe to the Law in 5 Minutes channel to get important legal information, legal advice and awareness videos regularly and stay with us. Hasanur Rahman Advocate & Income Tax Lawyer Head of RAN & Associates Cell: 01933-861331 #LawIn5Minutes #BangladeshLaw #inheritancelaw #estatelaw #propertylaw #DebtLaw #legaleducation #legalawareness #legaltips #legaladvice #law #inheritance #property #debt #BangladeshLaw #Law #DebtLaw SOCIAL MEDIA: Follow our Facebook page-   / lawin5minutes   Join our Facebook group-  / lawin5minutes   Facebook ID :-   / advhasanurrahmanl30