Nandini Sur

Apr 24, 2023 | farrer.co.uk | Ben Parish |Nandini Sur |Lucy Sharp |Bethan Waters

Lending to individuals carries with it the inherent risk for a lender that the borrower may pass away during the term of the loan. Executors should be aware of what will actually happen at law to the borrower’s liabilities as they may need to act quickly to repay the debt.