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Desperation

Hello

I am wondering if this has already been addressed, but is there anyone anyway campaigning for changes to the financial system so that you can't have your life destroyed if your ex partner just decides to disappear and stop paying loans etc. If there is no such campaign anyone know why not? And last question anyone know how to start said campaign?
Bankrupt 10.50hrs 27th August 2009. Big fan of this forum because people are so helpful.

Comments

  • MyLastFiver
    MyLastFiver Posts: 853 Forumite
    larzie30 wrote: »
    Hello
    so that you can't have your life destroyed if your ex partner just decides to disappear and stop paying loans etc.

    Don't know if it needs a change to the system, but perhaps some education to warn people against taking out credit agreements in their name for other people?

    A campaign for financial literacy to be taught in schools would get my support.
    My Debt Free Diary I owe:
    July 16 £19700 Nov 16 £18002
    Aug 16 £19519 Dec 16 £17708
    Sep 16 £18780 Jan 17 £17082
    Oct 16 £17873
  • Ames
    Ames Posts: 18,459 Forumite
    There's also the problem of joint loans etc. I honestly don't see how that can be got round, you can't teach people to see into the future. If someone takes out a joint loan when a relationship's good and then it goes sour, I don't see how legislation can get around that. Although it should always be pointed out that joint and several liability means that each is responsible for the whole debt, I imagine a lot of people think they'll only have to pay half.
    Unless I say otherwise 'you' means the general you not you specifically.
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