Default on loan obtained using someone else’s house as security without their knowledge.

[The Fugitive]

My Thai (step) daughter-in-law (an only child) previously lived with her maternal grandparents. She has no father. Her mother (also an only child) borrowed 200,000 baht against her parents house without their knowledge. Mother didn’t repay her loan. Mother now disappeared/incommunicado. I assume the choice was either report their daughter to the police for fraud or repay her loan themselves?  My daughter-in-law has repaid her mother’s loan. 

 

Yesterday, Mrs took daughter-in-law and her grandparents together with a friend to their amphur where daughter-in-law made a will witnessed by my Mrs and her friend. I understand this was necessary because as my daughter-in-law now ‘owns’ her grandparents house she needs to ensure that, should she die first, her grandparents have somewhere to live.

 

Anyone with knowledge of such scenarios in Thailand?

[BritManToo]

15 minutes ago, The Fugitive said:

Anyone with knowledge of such scenarios in Thailand?

I'd say it was unlikely ......

Who provided the money, you or your daughter-in-law?

 

As for the will,

I'd have the grandparents right to live on the property for life put on the deeds.

Wills can be changed!

 

Would point out my lot played the same game.

Granny took out a 100k loan shark loan against the family house.

I paid it off when the property was put in my woman's name.

I keep the chanote.

Edited January 25, 2023 by BritManToo

[The Fugitive]

Just now, BritManToo said:

I'd say it was unlikely ......

Who provided the money, you or your daughter-in-law?

Stepson's marriage was only recently (12 November 2022). I paid for approx. £6,000 GBP worth of gold. I haven't been asked for any money for this purpose up to now.

[JWRC]

16 minutes ago, BritManToo said:

I'd say it was unlikely ......

Who provided the money, you or your daughter-in-law?

 

As for the will,

I'd have the grandparents right to live on the property for life put on the deeds.

Wills can be changed!

 

Would point out my lot played the same game.

Granny took out a 100k loan shark loan against the family house.

I paid it off when the property was put in my woman's name.

I keep the chanote.

If they are in a rural area the land may not be Chanort or even Nor Sor 3, more than likely phor bor tor 5 or Sor Kor 1 so you could not have the name on the title deed, because this land is not registered with the land department. They could always have a private contract drawn up by a lawyer, but they probably wouldn't want to spend the money on that.