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Partner co-signed a large loan

kellolio · 2016-06-20 11:18:13

Hi, looking for some advice if possible. My boyfriend co-signed a massive loan for his mum about 4 or 5 years ago I think (it was before we got together), he thinks it was for around £20,000. Since then his mum has stopped working and defaulted so they have come knocking at our door for the remaining £15,000 owed. Now here…

Comments

National_Debtline Posts: 7,998 Organisation Representative

22 June 2016 at 5:31PM

On a separate note, to answer a question you asked further above kellolio, there's no way for this lender to automatically seize or intercept your partner's PIP. In most debt contexts PIP is disregarded as income, as it is assumed to be needed for that person's specific disability-related needs. Nor, for that matter, can the lender come after your income - you are no more liable for this debt than I am.

Dennis
@natdebtline

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