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Sunderland City Council

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Sunderland City Council
Civic Centre
Burdon Road
Sunderland
SR2 7DN

Tel. (0191) 520 5555
Calls may be recorded for quality and training purposes
A creditor might not be able to make you pay back a loan if you have been put under a lot of pressure from someone you know to sign up for it.  The most likely situation is if your husband or wife or partner persuaded you to sign a secured loan agreement (a mortgage, for example) which was entirely for their business.  But you must also show that the lender didn't explain to you how the loan worked, and that you should have got independent financial advice before signing.

This law is complicated, so if you are in this situation, you will need to get specialist legal advice.

 

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last updated 16/08/07