Family debt occurs when an adult family member asks another family member, often a parent, to:
Borrow money on their behalf. If you do this then you owe the money to the creditor; or
Act as the guarantor of one or more loans. If you do this you’re guaranteeing the loan repayments will be made.
In either circumstance you need to be aware that you’re responsible for the debt if the family member is unable or refuses to make the payments.