Legal Question in Credit and Debt Law in India

My deceased father was admitted in hospital in his last days. Due to lack of insurance, his hospital bill was huge. On his instructions, his citi credit card was used to settle all outstanding. On his passing, we informed the bank of his demise and shared his death certificate with the bank. They accepted the same and informed me over a recorded call, that his outstanding will be written off by the bank. However, they said they will not share any documentation stating the same as they dont wish to disturb the family members. While this sounds great, the outstanding amount was in lakhs. Can we rest assured that this is written off?


Asked on 8/12/13, 5:19 am

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

12.08.2013

Dear Sir / Madam,

No way. This way all Indian kith and kin will conveniently use their credit cards for payment of hospitalization and medical bills of their near and dear ones till they are no more, and expect the bank to waive off the credit card debt. The concerned Bank Manager / Officer at the bank may have verbally told you, just to sympathize with you for the moment in your hour of grief. If he / she does waive off the debt, there is no escape route, it will come up for inquiry and investigation by the concurrent and statutory auditors of the bank. Play safe and immediately pay off the entire debt to avoid unnecessary future tension and worries. Moreover, settlement of the departed person's dues will also ensure that the departed soul rests in peace.

Regards,

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Answered on 8/12/13, 6:01 am


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