Liability for your child's debts


Questioner

Good morning, if my 28-year-old resident son has debts or ends up in debt restructuring, are my wife and I also financially liable?

Lawyer

No, you are not liable for that. Your son has a separate estate consisting of his debts and possessions. It is important to record which possessions are your son's and which are not, for example in case a bailiff comes to the door to seize your son's property.

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