Guest guest Posted April 3, 2006 Report Share Posted April 3, 2006 if anythg goes wrong, my life would be at stake. he needs the loan for my younger brother's studies. moreover ,i am a professional and i was told by a friend that i am not allowed to stand as a surety for anyone.but i reality i personally have seen many professional acting as guarantors for friends and family. pls advise. SAI RAM regards, Baba's child To help you stay safe and secure online, we've developed the all new Security Centre. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 3, 2006 Report Share Posted April 3, 2006 3. Since they are taking a Mortgage Loan, in case of any default in repayments, there is the security of the underlying property and you are liable only for the short fall, if any. [ Please check this with your banker/lawyer]. 4. I feel all the children should not cast away the parents, whatever may be their short comings.These are my humble reactions and feelings.Sai Ram.csraoOn 4/3/06, amy raja <amy_raja (AT) (DOT) co.uk> wrote: Dear brothers and sisters, I need advise, my dad wants me to sign as a surety for him to take a loan from the bank by mortgaging his house. my fiance is against me signing ,since he's afraid i might get into trouble if they stop paying since my parents are very old-65 and 58.moreover my husband says that my parenst have nvr supported me financially-even studies they only paid half, i had to work part time for my expenses. I'm getting married in 2 months and for my marriage also i have to pay on my own. and my entire life they gave me lots of pain and sufferings. i am so confused? i feel i should help my dad.my dad as approached my eldest brother to act as a surety, he refused.even my sister, refused, now he is asking me? If i have the cash i wld have helped him,but i dont.i feel the desire to sign but afrais if anythg goes wrong, my life would be at stake. he needs the loan for my younger brother's studies. moreover ,i am a professional and i was told by a friend that i am not allowed to stand as a surety for anyone.but i reality i personally have seen many professional acting as guarantors for friends and family. pls advise. SAI RAM regards, Baba's child To help you stay safe and secure online, we've developed the all new Security Centre. Related Link: 1. Sai Baba News & pictures: http://www..com/saidailynews.htm 2. Wallpapers: http://www..com/sai_baba_wallpapers_index.htm 3. Greeting & Prayer Free E-Cards: http://www..com/saibaba_free_greeting_card.htm Post your message to group: Visit your group "" on the web. Terms of Service .. -- csrao Quote Link to comment Share on other sites More sharing options...
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