Parents have debts, what to do?

Hello, my parents took out a five-digit personal loan. However, without my father's knowledge, my mother didn't pay the installments for four months. Now we've received a letter about the loan being terminated. We also have to pay a five-digit amount by a certain date.

What can my parents do now? Do you think they could talk to the bank and agree to pay in installments again?

Do you have any other tips?

(2 votes)
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Missy274
1 year ago

Why are you interfering? Your parents are old enough and can straighten it.

Sometimes the banks can continue to pay a rate if the missing amount has been paid in one blow.

Nobbe54
1 year ago
Reply to  Missy274

Some children are more sensible than parents…

LePetitGateau
1 year ago

Your parents have to deal with the bank now.

If the loan has been cancelled, it will rarely be admitted to a rate payment at the place – that would be to settle with the debt collection company, which will then arise (if you cannot pay by the deadline).

How exactly did it happen that it was not paid? What happens to the previous warnings?

okieh56
1 year ago

In any case, the conversation with the bank leads. Maybe it can be paid for a further installment – but surely only if the late amount is paid immediately.

But this is of course your parents’ business – not yours.

DasOrakel
1 year ago

“we” or the parents? 😀

Your parents should know what to do as adult people, and you should stand out.

The easiest thing would be to repay the outstanding rates.

StRiW
1 year ago

In addition, it is necessary to ensure that the Commission is able to take the necessary measures.

Request P account.

Nobbe54
1 year ago

There was a warning. Talking to the bank is certainly correct and important.

Leisewolke
1 year ago

to talk to the bank for the purpose of bank payment has not yet worked out, why should the bank re-enter it? Why didn’t your mother pay and why didn’t your father control the payments? Your parents need a lot of persuasive power at the bank to get around.

peterobm
1 year ago

Repay credit. the parents abused confidence. Record another loan to stuff the other hole. a cycle.

Mikromenzer
1 year ago

Your parents are old enough, you shouldn’t interfere.

Mikromenzer
1 year ago
Reply to  089berkee

The only thing you can do is to comply with the letter and pay.

VFR80065
1 year ago
Reply to  Mikromenzer

If I read the story so, the parents are by far not old enough….

Mikromenzer
1 year ago

Then we’ll be fed in the end.

DerHans
1 year ago

If the loan has already been announced, the child has fallen into the well. What could your parents offer the bank?