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Loan To Family Member

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  • smithers1981
    smithers1981 Posts: 836 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Def don’t do it not fair on them or you imagine them booking a two week summer holiday after missing repayments to you 
  • henry24
    henry24 Posts: 418 Forumite
    Eighth Anniversary 100 Posts Combo Breaker
    Not one says yes that says a lot 
  • Is there a way to put a charge on their property?
  • MattMattMattUK
    MattMattMattUK Posts: 11,293 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    cola1099 said:
    Is there a way to put a charge on their property?
    Only after obtaining a CCJ and taking enforcement action, but again only if they own a property. One would also only get the money back if/when they come to sell the property. 
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