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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.
top last updated
16/08/07
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